South Miami Salon & Spa

Miami, FL (Miami-Dade County)

Seller Financing Available
South Miami Salon & Spa

Asking Price:$375,000

Cash Flow:$170,000

Gross Revenue:$575,000

EBITDA:N/A

FF&E:$200,000

Inventory:$5,000

Established:1985

South Miami Salon & Spa

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Business Description

Upscale South Miami Salon: Listed $375K. Partial Seller Financing Considered to Well Qualified Buyer. Owner's Benefit Stated is $150K annually inclusive of salary plus benefits. Stations Rental Income stream averages $202,332 annually.
Has (4) W-2 Employees and Tax Returns for over 30 years. Qualifies for an L-1 or E-2 Visa Investment Salon Purchase.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Upscale South Miami Salon: Listed $375K. Partial Seller Financing Considered to Well Qualified Buyer. Owner's Benefit Stated is $150K annually inclusive of W-2 salary plus financial benefits. Stations Rental Income stream averages $202,332 annually.
Competition:
This is a True Salon & Spa: Simply has the size with 4,500 SqFt overall. The Spa side has its own peaceful Spa reception area; and there are many treatment rooms, even a built in sauna. There are few salons this large in South Florida. Unique Listing.
Growth & Expansion:
The treatments rooms and hair stylist stations areas still have room for more professionals on rental or comission. So that the overall Salon & Spa work areas available can be fully utilized and generate additional income streams.
Support & Training:
Yes. Seller willing to work post sale with the Buyer for 2-4 weeks to familiarize completely with this large salon and spa business, which includes both commissioned professionals and also station rentals.
Reason for Selling:
Seller has now relocated to another city.

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Maria Don-Vega

Business Listed By:
Maria Don-Vega

GLOBAL BROKERAGE LLC

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