Wax/Spa Salon

Homestead, FL (Miami-Dade County)

Wax/Spa Salon

Asking Price:$169,900

Cash Flow:$89,532

Gross Revenue:$436,879

EBITDA:$89,532

FF&E:$135,000

Inventory:$3,800

Lease Rate/Sq. Ft.:$3.80

Established:2011

Wax/Spa Salon

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Business Description

This rapidly growing, well-managed SW Miami-Dade waxing/spa facility, is the combination of beauty and art merging in the hands of waxing, massages, and facials sculptors working in a serene and peaceful environment. The staff is composed of highly experienced, trained, and licensed aestheticians. Beautiful and professionally maintained web-site, with a large active clientele base, and 2015 revenues of more than $400,000 and Owner Cash-Flow of $90,000, the company dominates its niche in the local market and is poised for significant future growth. Aggressive and continuous marketing efforts would go far for this business.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
8/15/2020
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in Publix Strip Mall, rent $5,350/month, 1400SqFt, $135,000 in FF&E.
Competition:
No competition within 5 miles
Growth & Expansion:
The business has enjoyed a great reputation for many years, even winning awards. Most growth has been organic. Aggressive and continuous marketing efforts would go far for this business.
Support & Training:
2 Weeks
Reason for Selling:
Retiring

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Oscar Prays

Business Listed By:
Oscar Prays

The Keyes Company

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Sponsoring Broker:
Carlos Villanueva

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