Nail & beauty salon · AD-65d14d14-f266-4cdb-b4ae-34a0576332e9
Midtown Miami Hair and Nail Salon with a Seven-Person Team
Midtown Miami, FL
Financial snapshot
USD
- Asking price
- $239,999
- Gross revenue
- $366,000
- Cash flow (SDE)
- $122,316
- EBITDA
- Not disclosed
About the business
An established hair and nail business in 2,048 square feet, with an owner working approximately 20 hours a week and two weeks of transition training.
This Midtown Miami salon combines hair and nail services in a 2,048-square-foot leased space. Established in 2020, it has three full-time and four part-time employees. The owner works approximately 20 hours per week. The asking price is $239,999, with gross revenue of $366,000 and seller’s discretionary earnings of $122,316. Furniture, fixtures and equipment valued at $200,000 are included; inventory valued at $1,000 is additional. Monthly rent is $4,738 and the lease expires June 30, 2027. The seller is relocating and will provide two weeks of training at no additional cost. A signed nondisclosure agreement is required for detailed information. The existing hair and nail stations, operating team and customer base give a buyer an established operation to assess on its current financials and service mix.
Business & property details
- Established
- 2020
- Current services
- Hair and nail services
- Premises
- 2,048 square feet; leased
- Monthly rent
- $4,738
- Lease expiration
- June 30, 2027
- Team
- Seven: three full-time and four part-time
- Owner involvement
- Approximately 20 hours per week
- Furniture, fixtures and equipment
- $200,000 included
- Inventory
- $1,000 additional to the asking price
- Transition training
- Two weeks at no additional cost
- Confidentiality
- Signed nondisclosure agreement required
- Reason for sale
- Seller relocation
Before moving forward
- Which duties does the owner perform during the 20-hour working week?
- What renewal or assignment rights are included in the lease?
- How is revenue split between hair and nail services?
Request more information
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