Coral Gables Blow Dry Bar - $199K O.B.O.

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Franchised Blow Dry Bar For Sale in Coral Gables
Asking Price:
$199,000

Gross Revenue:
$660,258
Cash Flow:
$60,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$175,000
included in asking price

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Business Description

Beautiful & Elegant Nationally Franchised Blow Dry Bar Salon available For Sale, at an excellent price, $199,000 less than the cost of a buildout.

Fully Staffed, ready for a New Salon Owner to assume the Franchise and day to day salon operation.

This is a unique beauty business opportunity. All salon professionals are W-2 Employees, this file is previewed for E-2 or L-1 Visa Qualified. And also has a Business Plan that can be updated.

Buyers Proof of Funds will be requested prior to exchanging information. Salon Purchase contingent on both Franchisor and Landlord approvals. In addition to Assetts Purchase Price Buyer to place own Lease Deposit.

About the Business

Year Established:
2015
Number of Employees:
11
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,200
Lease Rate/Sq. Ft./Yr.:
$100.00
Lease Expiration:
3/31/2022
Facilities:
This Blow Dry Bar Salon is located in the best shopping area of Coral Gables, Miracle Mile.

Elegant Salon Features, (9) Styling Stations; (3) European Backwash Shampoo Bowls; (1) Make-Up Artistry Station; (2) Bathrooms; (1) Kitchen area complete with dishwasher for wine & champagne stemware; a full size stackable Washer & Dryer; and A Private Office for Owner complete with security cameras and computer server. This is a beautiful salon.
Website:
www.cherryblowdrybar.com
Market Outlook/
Competition:
While there are many successful Blow Dry Bar Brands, the Membership based business model in this beauty business opportunity is noteworthy. This blow dry bar is offered with #308 Active Members.
Growth & Expansion:
Additional locations can be opened with Franchise approval
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About the Sale

Reason For Selling:
Seller Seeks Another Industry. A Salon Not Right Fit for present Owner.
Training/Support:
As a Franchised Concept, the assignment of franchisee agreement business model includes both initial and ongoing support. Plus salon is fully automated on Millenium software.

Listing Info

ID:
1442143
Ad Detail Views:
269

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Business Listed by

Maria Don-Vega

GLOBAL BROKERAGE LLC
License# BK3056129

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