Profitable Clearwater Beauty Salon Right Next To 4,959-Unit Complex

Clearwater, FL (Pinellas County)

Profitable, Fully-Staffed Turn-Key Salon Next To Massive Retirement Community!
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Asking Price: $49,000

Cash Flow: $56,690

Gross Revenue: $81,210

EBITDA: N/A

FF&E: $25,000

Inventory: $1,000

Established: 2007

Profitable Clearwater Beauty Salon Right Next To 4,959-Unit Complex

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Business Description

Great Location! Fully Staffed, Full Service Profitable Turn Key Beauty Salon!

This profitable fully-staffed, full-service beauty salon is located right next to a massive 4,959-unit retirement complex in Clearwater. A large percentage of their customer base resides in this community ensuring a steady flow of customers at all times. The clientele are both men and women. This salon is located in a bustling strip mall right on one of the busiest intersections in all of Clearwater. The location is couldn’t be better! This salon is the only full-service salon within a mile. A salon is classified as full service if it is fully licensed to work on skin, hair, and nails. The salon has nine stations and has a very attractive interior. Currently there are seven stylists and the owner that work in the booths. The salon has been in business for 40 years and the current owner has operated it profitably for the last 12 years. Sales revenue has been very consistent from year to year. The salon has a total of 1,300 SQ FT and pays a low monthly rent of $1,368 which covers property taxes, insurance, and trash pickup. Should qualify for E-2 Visa. The current owner would like to retire. Only $49K gets you this fully staffed, turn-key, completely operational, fully-licensed (skin, hair, nails), profitable salon in a great location with a loyal customer base!

Detailed Information

Location:
Clearwater, FL
Inventory:
Included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All furniture, fixtures, and equipment of a 9-station beauty salon. Facility has store room, office, and laundry room with washer and dryer.
Competition:
Next to 4,959-unit retirement complex. Only fully-service salon within one mile.
Growth & Expansion:
Currently very little marketing is employed. 2018 total marketing expense was $804. Increased marketing efforts would grow the business.
Support & Training:
1 week of training for free
Reason for Selling:
See owner
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(from currently available funds)
 
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Mark Harmon, MBA

Business Listed By:
Mark Harmon

Florida Business Exchange, Inc.

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Sponsoring Broker:
A. Bert Risdon, B.C.I.

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