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Extraordinary Beauty Salon in Coral Gables
for sale in FL

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Listing Number: 3545

Summary

This upscale and well-known full-service Hair Salon has been at the same fantastic location in the heart of Coral Gables, since 2010. Has 10 workstations for stylists, 3 for pedicures, 4 for manicures, 3 for Hair Washers, and 2 private rooms for massage or facial therapy. Both the current manager and the owner's daughter will stay with the buyer as managers of the salon. Because of family issues, the owner wants to sell.

Listing Broker


Josias Senior

Josias Senior

Phone: 954-596-8060
Email: jseniorp@capitalbbw.com


  • Category:
  • Sub-Category: Beauty Salons, Barber Shops
  • Asking Price: $450,000
  • Gross Sales: $580,407
  • Cash Flow: $170,164
  • County: Miami-Dade
  • Area: 2,200 SF
  • FFE: $90,000
  • Inventory: $5,000
  • Real Estate:
  • Employees: 10 - Full-Time - Part-Time
  • Facilities: Has 10 workstations for stylists, 3 for pedicure, 4 for manicure, 3 for Hair Washers, and 2 private rooms for massage or facial therapy. The lease contract is until December 2019 with an option to renew for 3 more years. Monthly rent is $6,300
  • Relocatable? Yes
  • Home Based? No
  • Market Notes: The following services are provided: Haircut & Style, Hair Treatments, Hair Color, Blow Dry, Shampoo & Conditioning, Manicure and Pedicure, Professional Makeup, and Massage Therapy. The Salon is active in social media through Facebook and Instagram accounts. Also, promotion is done through its own clients, which are mostly repeated clients.
  • Growth Notes: Coral Gables is an area of considerable demographic growth. Also, there is an opportunity to grow by adding new staff members or using more intensively the installed facilities.
  • Support Training: The Sellers will provide training for two weeks at no cost to allow for the smooth and orderly transition of the business
  • Year Established: 2010
  • Financing Terms: N/A
  • Reason for Selling: Personal reasons
  • Inventory Included: Yes
  • Is Franchise No
  • Lender Prequalified Yes
  • Absentee Owner No
  • Selling Financing? No
  • Is FEE Included? Yes