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Hair Salon, Sixteen Chairs, Nonworking Owner
Location: United States -> Florida -> Manatee
Industry: Hair and Beauty > Beauty Salons and Barber Shops




Business Summary

This hair salon is beautifully decorated and has 16 chairs plus a waxing station. The salon is first class with a lounge and plenty of parking. It would cost $100,000 to open this salon as it is. It is very well established and originally opened in 1992 and has been operated by the current owner since 2015. 7 experienced stylists have been with the salon for 6 years. The owner does not work in the salon so an owner who is a stylist would do even better. 2021 revenues are on target for $600,000.
The financial nos. are from 2019. The salon closed for 2 months in 2020 and had $449k in revenue.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $570,633
Cash Flow:   $61,111
Cash Flow Type:  EBITDA
Inventory:  $100,000
Seller Financing:  No

About The Business

Year Established:  1992
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  10 days
Reason For Selling:  starting family




Print Listing Id: 700370806
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Related Searches: Beauty Salons and Barber Shops  >  Hair and Beauty Supplies Retail and Distribution  >  Tanning Salons  >  Other Hair and Beauty  > 

Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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