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Organized Hair Salon located in Singer Island!

Singer Island, FL (Palm Beach County)

Seller Financing Available
Organized Hair Salon located in Singer Island!
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Asking Price: $42,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $14,400

Inventory: $2,600

Rent: $1,090 /Month

Established: 1989

Organized Hair Salon located in Singer Island!

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Business Description

The hair salon has been providing service in the same place since 30 years, with same business phone. The place is on Singer Island, heavy traffic intersection with a retail plaza, next to a coffee and flower shops, UPS store. Also there are many customers from nearby hotels. Salon has pretty good layout with 2 styling stations, 1 shampoo station, storage room, break room and bathroom. In addition, 2 styling and 1 shampoo stations can be added if needed. Plaza has lots of parking spaces. The hair salon has very low expenses, will be perfect for owner operator! The place has lease agreement for the next year and landlord has interest to keep this salon where it is. Owner is providing to stay for 3 months to introduce current clients at 50/50 compensation.

Detailed Information

Location:
Singer Island, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
750
Lease Expiration:
3/31/2020
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Retail Plaza
Competition:
non compete 30 miles for 2 years
Financing:
8,400 for 12 months at 6%
Support & Training:
12 weeks at 50/50 split
Reason for Selling:
Moving /Retiring
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Lucelia Costa

Business Listed By:
Lucelia Costa

VR Business Brokers, M&A

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Sponsoring Broker:
VR Business Brokers Mergers & Acquisitons

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