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Hair Salon on the Beach

Saint Petersburg, FL (Pinellas County)

Hair Salon on the Beach
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Asking Price: $105,000

Cash Flow: $64,000

Gross Revenue: $372,000

EBITDA: N/A

FF&E: $50,000

Inventory: $1,000*

Rent: $2,840 /Month

Established: 1989

*not included in asking price.

Hair Salon on the Beach

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Business Description

Hair Salon on the Beach!

This is an upscale Hair Salon with an amazing interior design and excellent location only a few minutes away from the Beach. Surrounded by ever-growing businesses, condos and new construction this business is over 30 years old and has a very good reputation and very loyal clientele. Business is turn key operation and could have a full-time owner operator or semi-absentee owner. Seller would like to just manage her own clients and possible stay on as a Stylist.

Financial information 2018
Gross Sale: $372,000
Sales Tax: $26,040
Cost of goods: $ 8,500
Yearly Expenses: Rent $34,000; Utilities: $7,000; Supplies: $5,000 Payroll: $215,000; Other Expense: $14,000 (Owner’s Salary $52,000).Plus $12,000 add backs!
Total income $64,000.

Please make sure to have your proof of funds and be ready to sign an NDA.
For more information please contact the Broker:

Listed By:
Tima Bella Baychorova-Melnyk
Buying / Selling a Business or Commercial Property
Florida Licensed Business, Commercial & Real Estate Broker
Cell 727.642.2011
Email: Tima@ibbfl.com
Fax 727.674.0583
www.Ibbfl.com
INTEGRITY BUSINESS BROKERS
433 Central Ave Suite 201
St. Petersburg, FL 3370

Attached Documents


Detailed Information

Location:
Saint Petersburg, FL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
800
Lease Expiration:
1/1/2025
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will provide training to a qualified buyers.
Reason for Selling:
Seller wants more time for her family and her personal clients.
Business Website:
http://www.ibbfl.com
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Contact the Seller

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Tima Bella Baychorova

Business Listed By:
Tima Baychorova

INTEGRITY BUSINESS BROKERS

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