Established Salon Suite Rental Business in Palm Beach County
Asking Price: | $450,000 |
Gross Revenue: | $143,000 |
Established Year: | 2019 |
Cash Flow: | $34,558 |
FF&E: | $130,000 |
Salon Suite Rental Business ready for new ownership
Reason for Sale: Retirement- Established Salon Suite Rental Business in Palm Beach County. Semi Absentee Ownership. Simple to Run/No Employees. Established since 2019 helping beauty care professionals by providing them a great work environment. Rent $5640/mth -3240 Sq ft location with a lease extending to 2029 with a 5 year extension. Great books & records. Seller will provide training to teach the administrative side of the business. 2023 Sales $143k with an owner benefit $34k. Ample parking. If a new owner can get to 100% capacity with room sharing then the sales revenue can exceed $319k. Location can also be converted to a Dr offices as it would require no renovations.
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