This is your opportunity to own a fully turnkey, profitable and established salon in the booming community of Estero, Florida.
-This is a full-service hair salon and spa offering a friendly, fun and trendy experience that brings existing customers back time and time again and easily attracts new customers based on being in one of the fastest-growing cities in the USA, adjacent to student housing and with easy access from a major interstate.
-This business is healthy and well run, with an average $50K in sales per month.
-Owners work minimal hours since business runs smoothly with a combination of W2 & 1099 staff.
-What started as a small family business 5 years ago has now evolved into a unique salon experience that cannot be easily be replicated
Excellent location with great anchor stores, easy access and an ever-growing population
-Everything is ready to go; over $240K has been invested in leasehold improvements, stylish furniture, fixtures and equipment
-The current owners are ready to retire and pass this onto the next hair enthusiast, who may be a stylist themselves or simply a business-savvy individual looking for a great investment
- Asking Price:
- $325,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $593,761
- Cash Flow:
- $83,374
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease Expiration Date
February 28, 2029, 12:00:00 AM
Terms Options
Option to extend 5 additional years. Lease is assumable.
- Leasehold Rent:
-
$7,137 per annum
- Location:
-
Type of Location: Strip Mall
- Premises Details:
-
Established salon in the booming community of Estero, Florida.
- Size in square feet:
- 1,760
Business Operation
- Expansion Potential:
-
Potential Growth: Two additional chairs available to rent.
Opportunity to add additional spa-type services.
- Competition / Market:
-
Competitive Overview: Well positioned in a growing community with no major competitors close by.
- Reasons for selling:
-
Retiring
- Trading hours:
-
Tuesday-Saturday 9-8
- Employees:
- 10
- Years established:
- 5
Other Information
- Support & training:
-
Will train for 2 weeks @ no cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Financing Amount
$125,000.00
Owner Financing Interest
10%
Owner Financing Terms Months
60
Owner Financing Monthly Payment
$2,655.88
- Furniture / Fixtures value:
- $29,349 - included in the asking price
- Inventory / Stock value:
- $8,170 - included in the asking price
- Relocatable:
- This business can be relocated.