Deluxe Hair and Nail Beauty Salon For Sale

Business Description:
Deluxe hair and nail salon servicing upscale female clientele for 20 years in Publix-anchored plaza surrounded by wealthy retirement communities in Western Palm Beach County. Advertised financials reflect adjusted profits for a non-working owner. Salon employs 6 full time hair stylists on W2 basis and two nail techs who rent space for $150/week each. Recent renovations totaling $300K for equipment and leasehold improvements. Long term lease includes options thru 2033. Interior includes 16 hair stations, 5 shampoo bowls, a 16 seat color station, two nail stations, separate waxing room, washer/dryer, and waiting area. Seller is semi-retiring but is willing to stay and work for buyer if asked to do so. Please contact Martin Berliant at 561-827-1181 or email for more information. Non-disclosure statement is required.
Asking Price:
$
350,000.00
Gross Revenue:
$
1,176,784.00
Cash Flow:
$
213,324.00
Downpayment:
$
350,000.00
FF&E (Included):
300000
Inventory:
3000
Financing:
Yes
Business Location:
Palm Beach County
Support/Training Comments:
two weeks
Financing Comments:
Will consider some seller financing
Reason For Sale:
semi-retirement
Home Based:
No
Year Established:
2002
Franchise:
No
Year Aquired:
Willing To Train:
Yes
Relocate:
No
Required Licenses:
Real Estate Asking:
Days Open:
6
Full Time Employees:
9
Hours Open:
8am-5pm
Part Time Employees:
Contact Us
Deluxe Hair and Nail Beauty Salon For Sale

Business Description:
Deluxe hair and nail salon servicing upscale female clientele for 20 years in Publix-anchored plaza surrounded by wealthy retirement communities in Western Palm Beach County. Advertised financials reflect adjusted profits for a non-working owner. Salon employs 6 full time hair stylists on W2 basis and two nail techs who rent space for $150/week each. Recent renovations totaling $300K for equipment and leasehold improvements. Long term lease includes options thru 2033. Interior includes 16 hair stations, 5 shampoo bowls, a 16 seat color station, two nail stations, separate waxing room, washer/dryer, and waiting area. Seller is semi-retiring but is willing to stay and work for buyer if asked to do so. Please contact Martin Berliant at 561-827-1181 or email for more information. Non-disclosure statement is required.
Gross Revenue:
$
1,176,784.00
Cash Flow:
$
213,324.00
Downpayment:
$
350,000.00
FF&E (Included) :
$
300000
Inventory:
3000
Financing:
Yes
Business Location:
Palm Beach County
Support/Training Comments:
two weeks
Financing Comments:
Will consider some seller financing
Reason For Sale:
semi-retirement
Home Based:
No
Year Established:
2002
Franchise:
No
Year Aquired:
Willing To Train:
Yes
Relocate:
No
Required Licenses:
Real Estate Asking:
Days Open:
6
Full Time Employees:
9
Hours Open:
8am-5pm
Part Time Employees: