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Turnkey Upscale Hair Salon In Miami's Coral Way For Sale

Miami, Florida, US
Asking Price:
$650,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K
Cash Flow:
$100K - $250K

Located in the vibrant Coral Way area of Miami, Florida, this premier luxury hair salon represents a remarkable opportunity for those looking to invest in a proven, profitable business venture. Established in 2009, the salon has thrived on a rich history of providing exceptional beauty services, making it a well-respected name in the community and a favorite among local clientele.

This upscale salon is priced at $650,000, reflecting its substantial annual cash flow of $240,000 and its strategic placement in one of Miami’s most bustling neighborhoods. The modern facility spans a generously sized interior that has been meticulously maintained and stylishly designed to provide clients with a relaxing, luxurious experience. The salon features a sleek contemporary décor with high-quality fixtures, spacious styling stations, advanced lighting systems, and chic furniture that complements the overall aesthetic of the space.

The salon benefits from its location along Coral Way, a major thoroughfare known for its heavy foot traffic and vibrant mix of retail, dining, and residential structures. This area is home to a diverse, affluent population seeking premium beauty services, ensuring a steady flow of clients. The surrounding community's robust economy supports luxury consumer spending, making it an ideal environment for a high-end salon business.

The lease terms are highly favorable, with rent set at just $2,001 per month, extending until 2029. This stability in overhead costs is a significant advantage for new owners looking to maximize profitability. The salon itself is fully equipped with seven high-end hair stations, two wash stations, a dedicated color mixing area, and a comfortable waiting area. Additionally, all existing salon equipment and inventory will be included in the sale, allowing for a seamless transition to new ownership without any immediate additional investments.

Property Information

Real Estate:

Lease

Lease Terms:

The lease terms are highly favorable, with rent set at just $2,001 per month, extending until 2029. This stability in overhead costs is a significant advantage for new owners looking to maximize profitability.

Location:

The salon benefits from its location along Coral Way, a major thoroughfare known for its heavy foot traffic and vibrant mix of retail, dining, and residential structures. This area is home to a diverse, affluent population seeking premium beauty services, ensuring a steady flow of clients. The surrounding community's robust economy supports luxury consumer spending, making it an ideal environment for a high-end salon business.

Premises Details:

The lease terms are highly favorable, with rent set at just $2,001 per month, extending until 2029. This stability in overhead costs is a significant advantage for new owners looking to maximize profitability. The salon itself is fully equipped with seven high-end hair stations, two wash stations, a dedicated color mixing area, and a comfortable waiting area. Additionally, all existing salon equipment and inventory will be included in the sale, allowing for a seamless transition to new ownership without any required immediate additional investments.

Business Operation

Reasons for selling:

Retiring after health issues

Trading hours:

Mon to Sat: 9:00 am — 7:00 pm

Employees:
7
Years established:
15 years

Other Information

Support & training:

Our talented staff and team are able to provide you with a variety of services. These services include hair extensions, hair color, highlights, corrective coloring, haircuts, permanent waves, straightening/relaxing services, conditioning treatments, scalp treatments, body waxing, body treatments, micro-channeling, and nail services. Our team is built based on an amazing culture of positive attitudes, extraordinary skill level, dedication to their field, desire to grow and enhance their skills and training, and individual uniqueness.

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$80,000 - included in the asking price
Relocatable:
This business can be relocated.