Elegant well located Beauty Salon

Palm Beach County, FL

Elegant well located Beauty Salon
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Asking Price: $90,000

Cash Flow: $140,916

Gross Revenue: $209,340

EBITDA: N/A

FF&E: $70,000

Inventory: N/A

Rent: $5,093 /Month

Established: 2001

Elegant well located Beauty Salon

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Business Description

Elegant modern well located recently refitted profitable upscale beauty salon. 12 hair stations, 1 manicure, I pedicure spa, treatment room, color dispensary/crew room. Operated by a hair stylist supported by renters - good cash flow. Great opportunity for a hair stylist to whom seller will transition client following. Priced for a non-stylist owner paying commission to operators replacing the seller. 5 stations plus treatment room are available to increase income. Two major anchor stores opening in the shopping center will increase traffic. Exclusive hair salon, lease precludes competition.

Detailed Information

Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
6/30/2024
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Recently refitted purpose built beauty salon with 12 hair stations, manicure/pedicure, oversize treatment room, 2 bathrooms, kitchen/crew room.
Competition:
Exclusive hair salon, lease precludes competition.
Growth & Expansion:
2 new anchor stores opening in shopping center will increase traffic. Improving upscale location.
Support & Training:
1 week - no charge
Reason for Selling:
Family commitments
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(from currently available funds)
 
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MICHAEL BECK

Business Listed By:
MICHAEL BECK

Luxury Partners Realty

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