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
Description 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.
Click Here To Contact Seller
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