Services - Beauty & Barber Shops | Services - Other Personal Services

Asking Price	$65,000	Inventory	$100*
Gross Income	$83,280	Real Estate
Cash Flow	$39,250	Year Established	2007
FF&E	$65,000*	Employees	N/A

* included in the asking price

** not included in the asking price

Very elegant hair salon & spa located in a strip mall on a major north-south thoroughfare. Owner has spent over $110,000 remodeling & renovating this salon. The floor & ceiling tiles have all been replaced, the interior re-painted & fixtures replaced. The salon is very tastefully decorated, immaculately clean, and contains all new modern furniture. There are 8 existing stylist stations, with room to add at least 3 more. Each Stylist pays $600 per month rent. Three massage rooms rent for $500 per month each, and two nail tech stations rent for $320 per month each. Only expenses are the lease ($2,670/Month), plus utilities, telephone & insurance which normally run about $1000/month total. Do the math, this is a profitable business with plenty of room to grow. Annual revenue & cash flow above, are based on rents paid by independent contractors minus expenses. New owner should consider expanding the product line to increase sales. This is an asset sale, in other words, a turn-key operation selling for less than asset value. No financial will be available. But, if you see it, you will love it. Hours of operation are 9-6 Tuesday through Saturday, and closed Sunday & Monday. Best of all, it is located along the sugar-white sandy beaches of Florida s Gulf Coast ...what a beautiful place to work & play. For additional info call Betty Majors at 850-473-2221 or email her at bjm@SunbeltFL.com

Facilities: Simply elegant 2,100 SF, rents for $2,670/month

Competition: No direct competition nearby.

Support/Training: As needed. Seller will consider staying on as an operator after the sale.

Reason Selling: Other Business Interests