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Hair Salon Absentee In Palm Beach County For Sale

Palm Beach County, Florida
Asking Price:
$825,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,605,208 (USD)
Cash Flow:
$190,000 (USD)

Full service salon offering all beauty services including hair styling and color, nails, makeup, jewelry, and skin care. Large salon in well anchored shopping center with very strong clientele base. Staff all very long tenure and owner is non-stylist absentee currently. Financials show replacing manager. Solid financials, W2 employees, excellent E2/L1 visa opportunity. Beautiful build-out, no expense spared and $70K inventory included. Please refer to listing 6401487068, Business Broker Erin Crawford when you inquiry about this listing.

Property information

Real Estate:

Lease

Lease Terms:

Lease/Month: 14000 Square Footage: 3103 Building Type: Retail
Terms & Options: 1 @ 5 YR Expiration Date: 11/30/2022

Leasehold Rent:

$14,000 (USD) per annum

Premises Details:

Lease/Month: 14000 Square Footage: 3103 Building Type: Retail
Terms & Options: 1 @ 5 YR Expiration Date: 11/30/2022

Size in square feet:
3,103

Business Operation

Reasons for selling:

Retirement after 28 years

Employees:
26
Years established:
1992

Other Information

Support & training:

For 2 weeks at no cost

Financing available:

Other Financing Amount $525,000.00 Other Financing Interest 8.5% Other Financing Term Months 120 Other Financing Monthly Payment $6,509.25

Furniture / Fixtures value:
$185,000 (USD) - included in the asking price
Inventory / Stock value:
$70,000 (USD) - included in the asking price

Contact Information

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