Two Exceptional Beauty Salons

Palm Beach County, FL

Two Exceptional Beauty Salons

Asking Price:$900,000

Cash Flow:$479,332

Gross Revenue:$2,710,400

EBITDA:N/A

FF&E:$440,000

Inventory:$11,000

Lease Rate/Sq. Ft.:$39.51

Established:2002

Two Exceptional Beauty Salons

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Business Description

Professional owner planning retirement offers two well known and respected beauty salons at busy locations. License to use long established trade name. Ample car parking. 39 hair stylists, 8 assistants, 14 nail tech’s., facialist, waxing, 2 cleaners, boutique, 3 receptionists. Additional owned location is excluded from Non-compete Agreement.
Excellent cash flow for investor manager owner.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,892
Lease Expiration:
8/31/2018
Employees:
68
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two substantial Beauty Salons in close proximity. Each fully staffed with established client following.
Competition:
Established model has outlasted all competition
Growth & Expansion:
Additional products or services can be introduced.
Support & Training:
2 weeks - no charge
Reason for Selling:
Planned retirement

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MICHAEL BECK

Business Listed By:
MICHAEL BECK

Luxury Partners Realty

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