Status: Sold
Premier Salon in Busy Upscale Center - SWFL - Listing #: NAPFL001-N72

Asking Price: $119,000

Cash Flow: $61,459

Gross Revenue: $195,780

FF&E - $34,000

Inventory: $18,000

Established 2001, Owned since 2005

Business Description:

Here is your opportunity to acquire a busy & profitable hair & beauty salon in an upscale shopping center with a significant client base at a very reasonable price. This Upscale salon was first opened 19 years ago and just recently had a major renovation from the front to the back on the salon. The newly designed store is very modern and upscale with a very clean and bright atmosphere. The dedicated staff have been with the salon for years and enjoy a productive and long-term relationship with the clientele. The salon features 10 hair stations and 1 nail station, with a fully stocked back room for all the hairdressers & nail tech’s needs. This is a truly full-service salon the provides a complete range of treatments, styles, etc.  

There is a high degree of incremental growth available for an owner and operator who would be able to make a salary and keep their own earnings. The salon is located right near a large corporate employer and enjoys a high degree of traffic from local resorts and major destinations. Timing is ideal as the leasing company has indicated they would consider an adjustment on a long-term lease. 

Growth Opportunities: A high degree of Incremental growth for an owner & operator who has the option to make a incremental salary and keep their own earnings (not in current financials as owner not currently cutting hair). Additionally, there is an area that could be converted to 4 additional stations or a massage room. 

Seller financing available for a qualified buyer, this qualifies for an E-2 immigration Visa.

Detailed Information:

Real Estate: Leased

Building Square Footage: 1,600

Employees: FT: 6 PT: 5 

FF&E:  Included in asking Price

Support & Training: Seller will provide two weeks of free training

Reason for Selling: Owners want to dedicate full time work to a non profit animal shelter they run.