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High End Salon in Affluent Area

Lake Mary, FL
Hair Salon
Asking Price:$200,000
Gross Revenue:$228,221
Rent:$9,313/Month
Established Year:2010
Cash Flow:$180,796
Inventory:$5,000
FF&E:$62,855
Listing ID: 2285021Listing provided by BizBuySell
BUSINESS DESCRIPTION

Known for award winning team of cut & color specialists

Very successful high end salon with over 20-chairs, filled with stylists. The owner works four days a week. Chairs rent for $290 plus refreshments fee.

The salon is located in a very high traffic shopping center in an affluent area of Seminole County, FL. Each stylist has their own clientelle. The salon receive a high level of walk in foot traffic in addition to by appointment service.

The financials are a combination of the Chair Rental Income and Product Sales $113,159 in 2023, plus the Seller's LLC income from his services, another $209,668 in Revenue.

DETAILED INFORMATION
Location
Lake Mary, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,482
Lease Expiration
10/07/2025
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Buildout includes break area, lunch area, wash and dryer utility room, and the main salon is two sections with over 20 stations.
Reason for Selling
Dissolving Partnership to concentrate on other ventures.
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George St. Pierre
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