Luxury Beauty Salon & Boutique w/Real Estate

Palm Beach County, FL

Luxury Beauty Salon & Boutique w/Real Estate

Asking Price:$1,499,000

Cash Flow:$297,650

Gross Revenue:$756,380




Real Estate:$900,000


Luxury Beauty Salon & Boutique w/Real Estate

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Business Description

Premier hair salon and boutique with long established clientele in prime location in a downtown area in Palm Beach County. Established 20 years, brand new build out in 2010 with Porsche color bar, mood stabilizing shampoo bowls, Italian cabinetry- clientele from Palm Beach and all of south Florida. Owner willing to stay on 2-3 days a week as a stylist. All W-2 employees and great books. R/E included! Please refer to listing number 6401-40718 and broker Erin Crawford when inquiring.

Detailed Information

Included in asking price
Real Estate:
Included in asking price
Building Sq. Ft.:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
1600 sq ft salon located in a residential high-rise is included in the purchase. SBA Loan Available: A total of $1,039,000 for 216 months at 6% = m/pts $7,877.31
Local salons nearby do not compete with this salon as their clientele are extremely loyal to the salon.
Growth & Expansion:
Clothing boutique was added mid 2014 which has resulted in tremendous increase in sales and margins.
Support & Training:
Seller will train for 2 weeks at no cost
Reason for Selling:

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Erin Bean

Business Listed By:
Erin Bean

Transworld Business Brokers

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Sponsoring Broker:
Andrew Cagnetta

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