Deluxe Hair and Nail Beauty Salon
Asking Price: | $350,000 |
Gross Revenue: | $1,176,784 |
Rent: | $8,500 |
FF&E: | $300,000 |
Cash Flow: | $213,324 |
Inventory: | $3,000 |
EBITDA: | $213,324 |
Established Year: | 2002 |
Deluxe hair and nail salon servicing upscale female clientele for 20 years in Publix-anchored plaza surrounded by wealthy retirement communities in Western Palm Beach County. Advertised financials reflect adjusted profits for an owner who is not an active stylist. Salon employs 6 full time hair stylists on W2 basis and two nail techs who rent space for $150/week each. Recent renovations totaling $300K for equipment and leasehold improvements. Long term lease includes options thru 2033. Interior includes 16 hair stations, 5 shampoo bowls, a 16 seat color station, two nail stations, separate waxing room, washer/dryer, and waiting area. Seller is semi-retiring but is willing to stay and work for buyer if asked to do so. Please contact Martin Berliant at 561-827-1181 or email for more information. Non-disclosure statement is required.
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