Listing Number: 2301-563420
Description
Unique “5 Star” salon in existing location for 14.5 years, consisting of an operating 4 station hair salon with an additional six booth rental suites. Located in The Villages, business has over 2500 square feet including laundry and employee break area. Existing salon has projected 2024 revenues of $294.5K, with 12% margin. Booth rent suites have potential additional $160.0K in annual revenue. Lease is fully assumable and has 3.5 years remaining with a 5 year renewal option.
Listing Details
- Price: $170,000
- Down Payment: $120,000
- Sellers Discretionary Earnings: $102,446
- Total Sales: $278,000
- Location: Sumter County, Florida
- Inventory: $5,000
- FF&E: $25,000
- Employees: 2
- Year Established: 2023
- Reason for Selling: Retirement/Health
- Category: Beauty/Personal Care
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