Company Overview
NW Florida
Beautiful award-winning salon located on the Gulf Coast. It is the area’s largest full-service hair salon with private suite rental and a central retail products area. The business was established over 25 years ago. The business is turn-key, very profitable, and truly checks “all the boxes.” The business offers:
- Multiple profit centers…booth rental & retail sales
- All Stylists are on one-year contracts. Most are long-term
- Positive growth & profitability for 25 years
- The facility is in excellent condition with new A/C, roof & parking area
- Full-service reception and support services
- Owners benefits 110k
- Seller financing with 50% cash down
- Facility; 5,000 sq. ft.; 1st class décor in prime location
- Transition training at no charge
- Meticulous books and records and more!
General Information
Year Established: 1999
Employees: 1 F/T; 1 P/T
Facilities: The business is in an ideal location. The facility occupies approx-5,000 sq. ft. with ample parking. The facility and décor are 1st class with HVAC, a Roof & parking area.
Market Outlook
Growth Expansion: This business has seen steady growth with excellent cash flow for the past several years, even during COVID. The current owner does not service clients. A working owner/stylist can increase their earnings by servicing their own clientele.
About the Sale
Training: The seller will provide sufficient training to ensure a smooth transition at no charge.
Reason for Selling: The seller is moving out of the area.
Financial Summary
Asking Price: $189,000
Revenue: $350,000
Cash Flow: $110,000 (directly from the tax return)
Real Estate: Long-term lease
Inventory: $15,000 (incl in sale)