Status: Active
Turnkey Franchised Salon Opportunity Located in Prime Shopping Plaza - Listing #: 54432
Listing No: BBF-966-54432 |
Category | : | Beauty/Personal Care | SIC | : | 7231 | |
Detail | : | Hair Salon | Price | : | 149,995 | |
County | : | Collier | Down | : | 149,995 | |
State/Prov | : | Florida | Disc Earn | : | 33,574 | |
Country | : | USA | Sales | : | 369,864 |
Turnkey Franchised Salon Opportunity Located in Prime Shopping Plaza Established in 2018, this beauty salon operates as part of a nationally recognized franchise, providing a comprehensive range of family-oriented services in Collier County. With a top-100 salon ranking across the nation, the salon is powered by a skilled team that provides a range of services, from vibrant color treatments and stylish haircuts to facial waxing. Located in a 1100-square-foot commercial space within a popular shopping center, the salon enjoys exceptional visibility, drawing in a daily traffic of 45,000 vehicles. They capitalize on their strong brand recognition and use effective marketing in the prime plaza area, catering to a local population of 150,000 people within a 5-mile radius. As the current owners transition, an exciting opportunity emerges for an individual to leverage an established name and branding within the thriving salon industry. In 2022, the salon reported annual revenues of $369,864, with Seller Discretionary Earnings of $45,668. The existing Furniture, Fixtures, and Equipment (FFE) are detailed in the report, estimated at $74,107. Great opportunity within a successful venture at the forefront of the growing market.
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Documents on File | : | Equipment List: Y Lease: Y Corp Resolution: Y |
: | Cash Flow: N Balance Sheet: N |
: | Standard Agreement: N Signature on File: Y | |
Showing Remarks | : | CONTACT BROKER FOR ADDITIONAL INFORMATION |
Reason for Sale | : | Retirement |
General Location | : | Southwest Florida |
Organization Type | : | 'LLC' Hours Owner Works: 40 |
: | Years Established: 5 Years Owned: 5 Emp FT: 6 Emp PT: 0 Mgrs: 1 | |
Non Compete | : | Miles: 50 Years: 3 Weeks Training: 40 Cost: $0 |
Operating dys/hrs | : | 9-5PM (M-T), 9-7PM (W-TH), 9-6PM (F), 9-5 (SAT) |
Skills/Licenses | : | Salon Operating License from State of Florida Needed |
Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: Y Is Lender P/Q: N Should Qualify For Visa: Y |
Data Source | Tax Return | Tax Return | ||
Year (Cash Flow) | 2022 (N) | 2021 (N) | (N) | |
Gross Revenue | 369,864 | 285,264 | 0 | |
Cost of Goods | 37,539 | 32,292 | 0 | |
Gross Profit | 332,325 | 252,972 | 0 | |
Expenses | 338,340 | 276,645 | 0 | |
Net | -6,015 | -23,673 | 0 | |
Owner Salary | 0 | 0 | 0 | |
Benefits | 0 | 0 | 0 | |
Interest Expense | 7,150 | 8,379 | 0 | |
Depreciation | 7,439 | 9,505 | 0 | |
Other | 25,000 | 63,550 | 0 | |
Discretionary Earnings | 33,574 | 57,761 | 0 |
Accounts Rec | 0 | N* | Real Estate | 0 | N* |
Inventory | 5,000 | Y* | ___________ | 0 | N* |
F F & E | 74,107 | Y* | Total Assets | 79,107 | Y* |
Leasehold | 0 | N* | |||
*Included? |
Lease/Month: 3914.17 | Square Footage: 1100 | Building Type: Commercial |
Terms & Options: Triple Net Lease | Expiration Date: 1/1/2028 |
JULIETTE BELL | Office | : | (239) 849-9334 | |
ASSOCIATE | Fax | : | ||
Home | : | (330) 431-5676 | ||
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (330) 431-5676 |
2640 GOLDEN GATE PARKWAY, SUITE 204 | ||||
NAPLES, FLORIDA 34105 | : | [email protected] | ||
USA | Home Page | : | sunbeltofflorida.com |