Hair Salon in Fort Lauderdale / Under Contract
Fort Lauderdale, FL
| Asking Price: | $97,000 |
| Gross Revenue: | $420,000 |
| FF&E: | $87,000 |
| Cash Flow: | $50,000 |
| Rent: | $6,500 |
| Established Year: | 2019 |
Listing ID: 2186225Listing provided by BizBuySell
BUSINESS DESCRIPTION
Hair Salon For Sale. Well Located in Anchored Shopping Plaza in Fort Lauderdale. Fully Staffed with (7)Licensed Hair Stylists. Has A Salon Manager. Ideal for E-2 Visa Buyer. Organized Financials. Has Regular and Walk In Hair Salon Clients. Weekly Sales Average $8K. Semi-Absentee Seller Supervises Part Time. Excellent Shopping Plaza with many national tenants, LA Fitness; Massage Envy; TJ Maxx; Total Wine, and large open parking lot up front.
DETAILED INFORMATION
Location
Fort Lauderdale, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
30/11/2024
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Beautiful Custom Salon Buildout. Original Cost Invested by Sellers: $265,000. Salon has (10 Hair Styling Stations; and (3) Make- Up Stations; (3)European Shampoo Bowls; and (1) Private Beauty Suite. Fully Automated.
Competition
Salon is operating well. Has daily walk in clients from Plaza.
Growth & Expansion
Buyer can Add Retail Haircare.
Financing
Partial Seller Financing Only to Salon Experienced Buyer with Acceptable Collateral
Support & Training
Seller Happy to Support One Week plus Remote.
Reason for Selling
Distance: Sellers now live far from business.
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