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Turnkey Franchised Salon Opportunity Located in Prime Shopping Plaza


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.

 


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 :  [email protected]  
USA Home Page :  sunbeltofflorida.com  

 

 



Listed By: Juliette Bell

Background information

Reference:

54432

Finance

Sales:

$369,864

Profits:

$45,668

Profit type:

Discretionary Earnings

Price and terms

Price:

$149,995