Hair Salons & Barber Shops, Other Beauty & Personal Care
Active
Salon Suite Rental Business in Palm Beach County- 1287-00001
Palm Beach County, Florida, United States
Asking Price$495k
Revenue$143k
EBITDA-
Cash Flow$35k
Description
Reason for Sale: Retirement- Established Salon Suite Rental Business in Palm Beach County. Semi Absentee Ownership. Simple to Run/No Employees. Established since 2019 helping beauty care professionals by providing them a great work environment. Rent $5640/mth -3240 Sq ft location with a lease extending to 2029. Ample parking. Great books & records. Seller will provide training to teach the administrative side of the business. 2023 Sales $143k with an owner benefit $34k. Ample parking. Lease extends to 2034. If a new owner can get to 100% capacity with room sharing then the sales revenue can exceed $319k.
Furniture Fixtures & Equipment
$130k
Inventory
Included in Asking Price
Year Established
2019
Reason Selling
Retirement
Facilities & Assets
Commercial Office facility- Rent $5694/mth Lease expires 1/31/2029 -Sq ft 3240 -Options One- 5yr
Support & Training
1 week training
Market & Competition
3 or 4 Salon Suites in Palm Beach county
Growth Opportunities
Get more renters to get to 100% capacity
Financing Options
none
Asking Price$495k
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.