Deluxe Salon and Spa
(ID: 1097353)
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$550,000
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$1,748,309
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$368,211
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$25,000
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n/a
**
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$400,000
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Business Listed by Martin BerliantFirst Choice Business BrokersLicense: 090314770View All of My Listings
Listing Tools
Business 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, $9,000/m with over seven yrs left on lease. Salon has 20 hair stations, 8 nail stations, 4 pedicure stations, and 7 enclosed massage/facial rooms. Currently employing 19 hair stylists, 8 nail techs, and 3 massage techs/facialists (staff paid on a commission basis). Owner recently spent over $400K on eqpmt/build-out in making the salon extremely posh and elegant with deluxe accomodations throughout for its clientele. Seller states annual sales to be $1,748,309 and annual net income to be $368,211. Sales and earnings are increasing year over year. Asking price of $550K. Seller pursuing other business interests but would be willing to stay to ensure a smooth transition. Please contact Martin Berliant at 561-827-1181 or email for more info.
About the Business
Year Established:
2010
Number of Employees:
33
About the Sale
Reason For Selling:
other business interests
Training/Support:
Two weeks
Cash Flow Comments:
EBITDA: $368,211
