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BUSINESS FOR SALE - PROFILE #  BBF-117215332

Beauty/Personal Care|Hair Salon
North Palm Beach

Asking Price: $149,950   Down Payment: $22,493  
Gross Revenue: $704,488   Adj. Cash Flow*: $128,876  
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Executive Summary
Reason For Sale: No More Ownership Responsibility- Profitable Hair Salon in North Palm Beach- Great opportunity to enter the Salon industry in one of North Palm Beach finest upscale community. 2019 Sales $700k + & earnings $125K+ . The owner is ready to step back & stay on as a stylist. Fully equipped with 11 stylists chairs & 7 stylists on staff. Rent is an affordable $4300/month (1250 sq ft) with a lease extending to 2031. Visa qualified with W2 employees and 1099 staff (Tax Returns on file 19/18/17). Impeccable Books & Records. Priced well for an immediate sale!

Acquisition Highlights

  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2004 Inventory: $5,000 Included
Employees: 4 FT, 6 PT Furniture, Fixtures & Equipment: $25,000 Included
Lease/Rent: $4,300 Real Estate:
Building Sq Ft: 1210
    Total Assets Included in Sale: $30,000
 
* 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:  Russell Cohen
Phone:  (954) 900-2685
Fax:  (954) 510-2332
Other:  (954) 646-7651
E-mail:  rcohen@murphybusiness.com
MURPHY BUSINESS & FINANCIAL SERVICES DAVIE
5220 S UNIVERSITY DR. STE C203
DAVIE, FL 33328
www.sflabusinesses4sale.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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