BEAUTY/PERSONAL CARE
Location: Florida > Broward County > BROWARD AND PALM BEACH COUNTIES
Industry: Hair and Beauty > Other Hair and Beauty
Financials
Asking Price: $550,000
Gross Revenue: $1,591,327
Cash Flow: $241,564
Inventory: $10,000 (Included in Asking Price)
FF&E: $200,000 (Included in Asking Price)
Seller Financing: $275,000 @ 8% FOR 60 MONTHS
Business Summary
TWO UPSCALE HAIR SALONS. BOTH ARE IN EXCELLENT LOCATIONS NEAR A PUBLIX MARKET. PALM BEACH SALON IS DOWN DUE TO PUBLIX REFURBISHING STORE. IT JUST REOPENED, 2007 FIGURES REFLECT THIS. BOTH STORES ARE IN MAJOR SHOPPING CENTERS.ALL EMPLOYEES ARE W-2. CLEAN BOOKS AND RECORDS. SBA LOAN APPLIED FOR. GOOD WALK IN AND THIS IS A CASH BUSINESS WITH EXCELLENT LEASES. SELLER WILL TAKE BACK SMALL MTG. ALL STYLISTS ON COMMISSION.LEASE IN BROWARD HAS 3 YRS LEFT AND SELLER IS GETTING 2 FIVE YR OPTIONS.
About the Business
Year Established: 2002
Employees: 26 full time - 8 part time
About the Sale
Management Training and Support: 2 WEEKS AT NO COSTS
Reason For Selling: OTHER BUSINESS INTERESTS
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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