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Palm Beach County

  • Listing No.: 109-10404

  • Category: Professional

Asking Price $19,000
Down Payment $19,000
Gross Revenue $131,551
Total Adjusted Net Income $30,000
Equipment/Fixtures $50,000
Year Established 2017
General Location Palm Beach County
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Recently opened hair salon with absolutely outstanding location in Wal-Mart anchored plaza. Over $75K spent on beautiful new build-out and equipment in late 2017. Salon offers six hair stations (with room for twelve hair stations), two shampoo bowls,  four dryers, and two separate rooms that can be used for facials/massage. Total rent is $4500/month (1400 sq ft) with long term lease in place thru 2027. Not allowed to do nails because of competition in plaza. Two stylists recently hired by owner (advertised numbers only reflect sales and income from the seller's own clients) on 60-40 basis. Salon also sells beauty supply products and has large display area. Very heavy online and social media presence with outstanding reviews. Asking price only $19K! Please contact Martin Berliant at 561-827-1181 or email for more information. Nondisclosure form is required.

Gross Revenue $131,551 Listed Price $19,000
Total Income $30,000 Down Payment $19,000
Base Rent $0 Square Feet 1400
Total Rent $4,500 Lease Expiration 11/2022
Rent Deposit $0 Lease Options 5 years
Inventory $5,000 Leasehold Improvements $25,000
Equipment/ Fixtures $50,000 Other Assets
Full-Time Employees 0 Training Period two weeks
Part-Time Employees 0 Special License Required
Contract Staff 2 Reason for Selling other business interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.