Established Hair Salon and Spa – reduced for quick sale

Great opportunity in one of the best areas in Miami - This fully-equipped and turnkey Hair salon & Spa is located in a busy Shopping Plaza with ample parking.Amazing location and great visibility. long time international and local clientele and highly trained team of 10 stylists, 5 manicurists, 2 shampoo girls, 1 receptionnist.Large salon offers the following services : hair styling, keratine treatments, nails manicure and pedicure treatments, waxing, spa facials.sale of hair products.Employees W2 and 1099 have been working in the salon for many years.Seller is not a hairdresser. Friendly athmosphare and 5 stars reviews, Instagram- Facebook and excellent reputation.Motivated owner, bring your offers!

Down Payment: $350,000

Total Sales: $1,035,570

Cash Flow: $158,544

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $261,000

FFE Included: Yes

Inventory: $1,000

Inventory Included: Yes

Year Established: 1998

Year of last Acquisition: 2016

Days & Hours of Operation: Tuesday to Saturday 9AM to 7PM

Owner Hours Per Week: 20

Lender Pre-Qualified: No

Non-Owner Payroll: $1

Employees: 18

Managers: 1

Absentee Owner: No

Security on Lease: Yes

Lease Option: 5 years

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $14,500

Type of Location: shopping plaza

Square Footage: 3400

Franchise: No

Relocatable: No

Reason For Sale:

other interest