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Profitable Hair Salon In North Palm Beach County For Sale

Palm Beach County, Florida
Asking Price:
$149,950 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$469,306 (USD)
Cash Flow:
$124,605 (USD)

Reason For Sale: No More Ownership Responsibility- Profitable Hair Salon in North Palm Beach- Great opportunity to enter the Salon industry in one of North Palm Beach finest upscale community. 2019 Sales (trending to $700k) & earnings (Trending to $125K+) are up but the owner is ready to step back & stay on as a stylist. Fully equipped with 11 stylists chairs & 7 stylists on staff. Rent is an affordable $4300/month (1250 sq ft) with a lease extending to 2031. Visa qualified with W2 employees and 1099 staff. Impeccable Books & Records. Priced well for an immediate sale! 2019 #'s Thru Sept at $469k.

Property Information

Premises Details:

Shopping Center- Rent $4300 - Lease Expires 8/31/2021-Sq Ft 1210 -Two - 5 yr options.

Business Operation

Reasons for selling:

No More Ownership Responsibility.

Trading hours:

Mon-Thurs/Sat 9am-5pm; Fri 9am-7pm

Employees:
4 FT / 6 PT
Years established:
15 Years

Other Information

Support & training:

Will train for 2 weeks @ no cost
Administration skills or Hair stylist.

Financing available:

Lender pre-screened with $22,493 down.

Furniture / Fixtures value:
$25,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price

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