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Contemporary Full-service Salon In Great Location! For Sale

Palm Beach County, FL, Florida, US
Asking Price:
$350,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,657,340
Cash Flow:
$119,687

New to the South Florida market is this contemporary full service salon in a thriving professional demographic community. Professionally designed and recently updated, this almost 2,800 SF bright and airy salon features a wrap-around window design and occupies the premier position in this Class A. retail plaza which features well known high end restaurants, shoppes and boutiques. The salon offers a comprehensive suite of services which include:

Cut and Color Services
Full Nail and Pedicure Menu
Facial, Skin Treatment & Microdermabrasion
Hair Extension Services
Laser Treatments and Laser Hair Removal
Permanent Makeup
Waxing
Skin Care
Brow Bar-Threading
Microblading
Head-Spa
Skin Care

All staff is either on salary, straight commission or rental. See offering memorandum for full breakdown of all rooms and chairs. Very low turnover of staff. Excellent Tax Return records, no “owner to prove cash in the business”. State of the industry software runs the entire operation. Should work well for E2 Visa. Landlord will require related professional experience when considering lease assignment. Seller will fully train and transition and states this salon is turn key and needs nothing from day one after the new owner acquires this business. All interested parties must provide NDA, proof of purchase funds and BIO/CV showing industry experience. Seller is retiring from the salon industry management.

Please refer to listing #0101755001 & ask for Randy Bring when inquiring.

Property Information

Real Estate:

Lease

Lease Terms:

2,775 SF in retail plaza @ $9,953/mo. Expires 1/31/31

Leasehold Rent:

$119,436 per annum

Location:

South Florida

Premises Details:

2,775 SF in retail plaza @ $9,953/mo.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Unlimited

Competition / Market:

Unknown

Reasons for selling:

True Retirement

Trading hours:

Tues-Fri; 9a-7p, Sat; 9a-6p

Employees:
23
Years established:
16

Other Information

Support & training:

Seller will train for 2 weeks

Furniture / Fixtures value:
$125,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price