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Businesses For Sale   >>   Beauty Salons and Barber Shops Businesses For Sale

Deluxe Salon And Spa For Sale

Location  Florida,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1785386
Net Profit / Cash Flow  $384244
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2010
Number of Employees  20 - 34
Inventory  525000
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Training  Two weeks
Reason for Sale  Other business interests

Deluxe salon and spa being offered in very busy plaza on busy corner in a premiere area of Palm Beach County. Facility is 5250 sq ft with over seven yrs left on lease. Salon has 26 hair stations, color bar, 8 nail stations, 4 pedicure stations, and 4 enclosed massage/facial rooms. Currently employing 19 hair stylists, 8 nail techs, and 3 massage techs/facialists (staff paid as W2 employees on a commission basis). Owner recently spent over $600K on eqpmt/build-out and remodeling. Need to see to believe this extremely posh and elegant salon..deluxe accomodations throughout. Seller states annual sales to be $1,785,386 and annual adjusted owner benefit to be $384,244. Sales and earnings are increasing year over year. Asking price of $550K with $350K down to the right buyer. Seller pursuing other business interests but would be willing to stay to ensure a smooth transition and possibly even work for the new owner under the right circumstances. Please contact Martin Berliant at 561-827-1181 or email for more info.

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