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.