SOLD Upscale Beauty Salon Palm Beach County Florida
United States, Florida, Palm Beach
Asking Price:
$210,000
Cash Flow:
Cash Flow (SDE) - The total financial benefit a single owner gets annually, calculated by adding back the owner's salary, perks (like personal use of cars, travel), non-cash expenses (depreciation), interest, and one-time costs to the pre-tax profit. Seller's Discretionary Earnings, or SDE provides buyers with a clearer picture of the business's true cash flow and earning potential.
$102,796
Gross Revenue:
$342,945
Location (Area):
1000
FF&E:
FF&E (Furniture, Fixtures, and Equipment) refers to all the movable, non-structural assets used in the business, such as desks, computers, machinery, shelves, and decor, which are included in the sale to keep the business operational and functional for the buyer.
$40,000
Hair salon in a prime location near a city-center plaza in downtown Boca Raton. For 23 years , this salon’s reputation for professional styling, particularly for curly hair, is outstanding and well known. They take no walk-ins and cater to loyal, upscale clients. Professional stylists with newly remodeled studio, nine styling stations, three wash stations, coffee bar and lounging chairs. One of a kind!
Market Notes:Located near a city-center plaza, there is a great amount of foot traffic and visibility. There are several beauty salons in the area, but the salon's reputation is outstanding and supersedes the competition.
Growth Notes:The salon is in a stable stage, but could grow with longer hours