Beauty Salon for Sale in Coral Gables

United States, Florida

Asking Price: $345,000

Cash Flow: $131,993

Gross Sales: $444,949

Area: 2200

FFE: $184,998

Inventory: $5,000

Real Estate: $0

Established: 2010

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Josias Senior

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954-596-8060

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Summary

Profitable Beauty Salon for Sale – Prime Coral Gables Location

Established in 2010, this full-service beauty salon offers a unique opportunity to own a thriving business in the heart of Coral Gables, a vibrant Miami-area community. Combining French elegance with modern convenience, the salon has fully recovered to pre-pandemic revenue levels and enjoys a loyal clientele. Located in a high-visibility area, the salon is fully equipped with 10 stylist stations, pedicure and manicure stations, hair washing stations, and private treatment rooms. A skilled team of professionals ensures exceptional service, while the owner focuses on operations, making this business ideal for industry professionals and hands-off investors. With a stellar reputation, significant growth potential, and eligibility for investment visa seekers, this turnkey business is a rare find in South Florida. Contact the listing agent today to explore this exceptional opportunity and take the first step toward owning a profitable salon in a prime location!

Detailed Information

Sub-Category: Beauty Salons, Barber Shops

County: Miami-Dade

Employees: 2 - Full-Time, 7 - Part-Time

Facilities: The salon is centrally located in Coral Gables. Has 10 stylist workstations, 4 manicure chairs, 3 pedicure chairs, 3 hair washing stations, 2 private rooms for massages, an office/stockroom, a personnel lounge area, a washer and dryer, sound equipment, and TVs. The monthly rent is $7,632. The lease is set to expire in December 2024 but has an option to renew for three more years.

Relocatable: No

Home Based: No

Market Notes: Turnkey operation with experienced, stable staff and a loyal clientele. Located in an area with a high concentration of affluent residents and businesses. The salon offers a wide range of services, including haircuts, styling, coloring, manicures, pedicures, massages, and laser therapy. It attracts affluent clients seeking the latest trends in a luxurious setting. The business employs a multi-channel marketing approach, leveraging a website, Instagram, Facebook, and word-of-mouth referrals. Growth potential through service expansion, software optimization, and enhanced digital marketing.

Growth Notes: Situated in Coral Gables, Florida, a city with a population exceeding 48,000 and a median household income of $118,203, the area boasts a predominantly female demographic, offering a robust customer base. The salon's strategic location near Pinecrest, Key Biscayne, and Brickell, which collectively house over 114,000 residents with a median income surpassing $150,000, further amplifies its potential. This demographic landscape opens up big opportunities for business growth.

Support Training: The seller will train for two weeks at no cost to help with a smooth transition.

Financing Terms: N/A

Reason for Selling: Seller retiring from beauty industry to pursue other ventures.

Inventory Included: No

Is Franchise: No

Lender Prequalified: No

Absentee Owner: No

Selling Financing: No

Is FEE Included: Yes