Established Beauty Salon

Palm Beach County, FL

Seller Financing Available
Established Beauty Salon
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Asking Price: $75,000

Cash Flow: $50,646

Gross Revenue: $195,000

EBITDA: N/A

FF&E: $55,000

Inventory: $3,500

Rent: $1,890 /Month

Established: 1978

Established Beauty Salon

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Business Description

Established 40 years under one owner this attractive turnkey 10 station beauty salon enjoys a steady following. Long tenure hair stylists. Low cost rent. Ample opportunity to increase revenue by advertising, adding a website and introducing social media. Great opportunity for a hair stylist to develop the business while enjoying an income stream. Seller will continue to work part time as a commission based stylist, if desired.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
940
Lease Expiration:
5/31/2021
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
LOW RENT 940 Sq. Ft. Beauty Salon in central location. 10 Hair Stations, 1 Nail Station. Fully fitted.
Competition:
Exclusive hair salon at this location surrounded by numerous residences.
Growth & Expansion:
Add stylists. Increase revenue by advertising, adding a website and introducing Social Media.
Financing:
$25,000 in 36 equal monthly payments of $749.27 inclusive of 5% interest.
Support & Training:
2 weeks - No Charge
Reason for Selling:
Retiring after 40 years
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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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