Location: Coral Gables
Industry: Hair Salons and Barber Shops
Listing ID: 42734631
Listing Status: New
Stunning turn-key hair & beauty salon located in the heart of Coral Gables. Established in 2017 with the intent to provide a tailored salon experience for each guest while striving to exceed the expectation. Location is a beautiful modern build-out, fully-renovated by current owner. Equipped with 6 hair dressing stations and 3 wash stations. Includes a welcoming reception area with a front desk, cozy waiting area, and shelving to display products for sale. Great potential to do high volume!
Income reflects owner's earnings as a stylist. Currently, 1 chair rented at $350/week and is not reflected in the financials. New owner can generate more revenue by hiring more stylists and/or renting out more chairs.
Huge opportunity for a stylist looking to establish and grow their own salon.
Down Payment: $150,000
Total Sales: $240,057
Cash Flow: $104,419
Accounts Receivable: N/A
FFE Included: Yes
Inventory Included: Yes
Year Established: 2017
Year of last Acquisition: 2017
Days & Hours of Operation: Tue-Sat 10:30am to 7:00pm
Lender Pre-Qualified: No
Non-Owner Payroll: N/A
Lease Option: Available
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $3,699
Type of Location: Office Property
Square Footage: 1000
Reason For Sale: Other interests
Training & Support: Seller will provide training for 1 week at no cost.
Seller will provide training for 1 week at no cost.