General Business Information
Listing ID:
4110-00480
Listing Type:
Exclusive Right of Sale
Price:
$165,000
Down Payment:
$165,000
Category:
Beauty/Personal Care
Subcategory:
Hair Salon/Day Spa
County:
Osceola
State/Prov:
Florida
Sales:
$184,061
SDE:
$73,702
Description of Business
A fantastic opportunity to aquire this reputable, well established hair and beauty salon, located in a popular area of kissimmee.
The salon was established in 2004 and boasts an immpressive 4.9 star rating on Google. It offers multiple services including hair treatments, waxing, eyelash services and nail services.
The salon carries high end quality products which appeal to a wide range of clientele.The business is perfect for anyone looking to step into the hair and beauty industry or expand upon an existing concept. The salon currently employs five full time and one part time member of staff, it is perfectly situated with a low lease in place.
Don't miss the chance to take advantage of this fully operational salon with quality equipment, a modern decor, and a talented team of stylists and staff already in place.
Listing Details
Location:
Kissimmee
Organization Type:
Sub-S Corporation
Hours of Operation:
Tuesday- Saturday, 9am-7pm
Years Established:
20
Years Owned:
20
Employees FT:
5
Employees PT:
1
Managers:
1
Amount of Hours Owner Works:
50
Is Relocatable:
Yes
Is Home Based:
No
Is a Franchise:
No
Is Lender Pre Qualified:
No
May Qualify for a Visa:
Yes
Financial Information
INCOME PERIOD, Year
GROSS SALES
– Costs of Goods Sold
= Gross Profit
– Total Expenses
= Net Before Taxes
ADD BACKS
+ Owner(s) Salary
+ Benefits
+ Interest Expense
+ Depreciation
+ Other
TOTAL OWNER BENEFIT
2024
$184,061
$5,728
$178,332
$146,827
$31,505
$29,764
$12,432
$0
$0
$0
$73,702
2023
$157,437
$50,221
$107,216
$63,006
$44,209
$0
$26,768
$0
$0
$0
$70,977
Assets Included in Sale
Leasehold Improvements:
$35,000 Included
FF+E:
$28,000 Included
Inventory:
$500 Included
Lease Information
Monthly Rent:
$2,675
Expiration Date:
2025-01-31
Square Footage:
1500
Terms and Options:
3 year option
Building Type:
Commercial
Summary
Reason for Sale:
Retirement
Training and Support:
Two weeks Tuesday - Saturday 9am-5pm
Non Compete:
5 years 25 miles
For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER
General Business Information
Listing ID: 4110-00480
Listing Type: Exclusive Right of Sale
Price: $165,000
Down Payment: $165,000
Category: Beauty/Personal Care
Subcategory: Hair Salon/Day Spa
County: Osceola
State/Prov: Florida
Sales: $184,061
SDE: $73,702
Description of Business
A fantastic opportunity to aquire this reputable, well established hair and beauty salon, located in a popular area of kissimmee.
The salon was established in 2004 and boasts an immpressive 4.9 star rating on Google. It offers multiple services including hair treatments, waxing, eyelash services and nail services.
The salon carries high end quality products which appeal to a wide range of clientele.The business is perfect for anyone looking to step into the hair and beauty industry or expand upon an existing concept. The salon currently employs five full time and one part time member of staff, it is perfectly situated with a low lease in place.
Don't miss the chance to take advantage of this fully operational salon with quality equipment, a modern decor, and a talented team of stylists and staff already in place.
Listing Details
Location: Kissimmee
Organization Type: Sub-S Corporation
Hours of Operation: Tuesday- Saturday, 9am-7pm
Years Established: 20
Years Owned: 20
Employees FT: 5
Employees PT: 1
Managers: 1
Amount of Hours Owner Works: 50
Is Relocatable: Yes
Is Home Based: No
Is a Franchise: No
Is Lender Pre Qualified: No
May Qualify for a Visa: Yes
Financial Information
INCOME PERIOD, Year: 2024
GROSS SALES: $184,061
– Costs of Goods Sold: $5,728
= Gross Profit: $178,332
– Total Expenses: $146,827
= Net Before Taxes: $31,505
ADD BACKS
+ Owner(s) Salary: $29,764
+ Benefits: $12,432
+ Interest Expense: $0
+ Depreciation: $0
+ Other : $0
TOTAL OWNER BENEFIT: $73,702
INCOME PERIOD, Year: 2023
GROSS SALES: $157,437
– Costs of Goods Sold: $50,221
= Gross Profit: $107,216
– Total Expenses: $63,006
= Net Before Taxes: $44,209
ADD BACKS
+ Owner(s) Salary: $0
+ Benefits: $26,768
+ Interest Expense: $0
+ Depreciation: $0
+ Other : $0
TOTAL OWNER BENEFIT: $70,977
Assets Included in Sale
Inventory: $500 Included
FF+E: $28,000 Included
Leasehold Improvements: $35,000 Included
Lease Information
Monthly Rent: $2,675
Expiration Date: 2025-01-31
Square Footage: 1500
Terms and Options: 3 year option
Building Type: Commercial
Summary
Reason for Sale: Retirement
Training and Support: Two weeks Tuesday - Saturday 9am-5pm
Non Compete: 5 years 25 miles
LISTING BROKER