Awesome Location Hair Salon Coral Gables

Miami, FL (Miami-Dade County)

Awesome Location Hair Salon Coral Gables

Asking Price:$135,000

Cash Flow:$87,000

Gross Revenue:$251,399

EBITDA:$87,000

FF&E:$53,000

Inventory:$2,500

Lease Rate/Sq. Ft.:$30

Established:2012

Awesome Location Hair Salon Coral Gables

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Business Description

Current owner wants to cash out and remain working with the salon for the new owner. The location is fantastic, the rent is extremely reasonable for the location. Room to grow both hair stations and nail stations.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
5/31/2018
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Location, Location, Location. - Great hair salon in the middle of Coral Gables -This 1900 Sq.Ft. retail location is in the center of the action in the Gables. A few blocks from Ponce De Leon and Miracle Mile. The salon has 9 working stations, 3 nail stations, 2 shampoo stations, 1 private skin care room and a break room.
Competition:
The salon's name brings lots of clients. Great presence in Google and other social media.
Growth & Expansion:
Currently the salon operates with 4 stylists. It can hold 9. Also, currently 3 nail stations could also be expanded and reduce the amount of space for hair stylists.
Support & Training:
Seller is willing to stay and continue to work for new owner.
Reason for Selling:
Cash out

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Jerry Stapel

Business Listed By:
Jerry Stapel

Avanti Way

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