Well Established Hair Salon Chain

Business Description:
Chain of three hair salons in Palm Beach County established over thirty years ago. Owner is mostly absentee and selling due to retirement. All locations with long term leases and in very busy retail plazas. Hair stylists paid 50/50% commission as W2 employees. Each salon has on-site manager and a growing customer base. Mostly female clientele with mixed age groups and family oriented. Enormous goodwill built up from over 30 years of serving the community with wonderful service. Please contact Martin Berliant at 561-827-1181 or email for more information. Non-disclosure form is required.
Asking Price:
$
275,000.00
Gross Revenue:
$
742,395.00
Cash Flow:
$
91,263.00
Downpayment:
$
275,000.00
FF&E (Included):
90000
Inventory:
Financing:
No
Business Location:
Palm Beach County
Support/Training Comments:
two weeks
Financing Comments:
Reason For Sale:
Retirement
Home Based:
No
Year Established:
Franchise:
No
Year Aquired:
Willing To Train:
Yes
Relocate:
No
Required Licenses:
Real Estate Asking:
Days Open:
7
Full Time Employees:
11
Hours Open:
varies
Part Time Employees:
12
Contact Us
Well Established Hair Salon Chain

Business Description:
Chain of three hair salons in Palm Beach County established over thirty years ago. Owner is mostly absentee and selling due to retirement. All locations with long term leases and in very busy retail plazas. Hair stylists paid 50/50% commission as W2 employees. Each salon has on-site manager and a growing customer base. Mostly female clientele with mixed age groups and family oriented. Enormous goodwill built up from over 30 years of serving the community with wonderful service. Please contact Martin Berliant at 561-827-1181 or email for more information. Non-disclosure form is required.
Gross Revenue:
$
742,395.00
Cash Flow:
$
91,263.00
Downpayment:
$
275,000.00
FF&E (Included) :
$
90000
Inventory:
Financing:
No
Business Location:
Palm Beach County
Support/Training Comments:
two weeks
Financing Comments:
Reason For Sale:
Retirement
Home Based:
No
Year Established:
Franchise:
No
Year Aquired:
Willing To Train:
Yes
Relocate:
No
Required Licenses:
Real Estate Asking:
Days Open:
7
Full Time Employees:
11
Hours Open:
varies
Part Time Employees:
12