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BUSINESS FOR SALE - PROFILE #  42480080

Established Hair Salon and Spa - Reduced !
Aventura, Fl

Asking Price: $275,000   Down Payment: $275,000  
Gross Revenue: $1,049,720   Adj. Cash Flow*: $97,613  
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Executive Summary
High-End Hair salon established since 30 years, very conveniently located and great reputation.
Established clientele – high end – who comes every week or even twice a week.
Excellent and experienced team with hairstylists that have been working at the salon for many years.
The salon includes a nice reception area, spa room, hair salon, nail salon with 6 manicure tables and 3 pedicure chairs, 15 hair stations, 3 shampoo stations, a private office and a separate storage room.
Steady income over the years and great cash flow.
This business also qualifies for E2 visas.
Extremely Confidential - NDA, proof of funds, good credit score or strong financials required for Landlord's Approval.
Seller is motivated and the price is negotiable for a quick sale.

Acquisition Highlights

  • The Owner is not a hairstylist and will provide a smooth transition - 2 weeks for free and more if necessary
  • Extremely confidential - Information will be released after signing an NDA, proof of funds and a conference call. The rent is $12,500/Month including water, cleaning, maintenance of AC, a separate storage room, free parking, free security (saving of about $1,500 a month), also the sub-lease represents about $2000 in total. Lease : 3Years+ 5years option to reconfirm with the landlord
  • This is one of the best salons in Town! a must see!
  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1970 Inventory: $20,000 Included
Employees: 19 Furniture, Fixtures & Equipment: $50,000 Included
Lease/Rent: $12,500 Real Estate:
Building Sq Ft: 2650
    Total Assets Included in Sale: $70,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Raquel Afriat
Phone:  (305) 448-5559
Fax:  (305) 675-0136
Other:  (305) 753-4614
E-mail:  raquel@vrmiamicenter.com
VR Business Brokers - Miami/Coral Gables, FL
900 Biscayne Boulevard
Suite 501
Miami, FL 33132
www.vrmiamicenter.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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