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Salon & Spa in Tampa Florida NET $175k for Sale
Florida (Tampa-St Pete)

Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Property Information

Listing Number:
12051
Business Type:
Established Businesses
Business Category:
Beauty Salon/ Barber Shop
State:
Florida
County:
Tampa-St Pete

Other Information

Financial Information

Asking Price:
$295,000
Gross Income:
$972,400
Cash Flow:
$211,450
Seller Financing:
 

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Business Description

This  full service hair salon is in a prime retail Plaza in the heart of North Tampa's sunny Florida.There are 1500 Residential units directly above this retail Plaza,  You have a built-in customer base. The salon gross sales for 2022 are on par to 1-1.1 million.  Anybody with Salon experience can take this to another level. Florida is hustling and bustling and booming for obvious reasons. Florida experienced NO PANDEMIC! This hair salon has been established well over 20 years with an extremely loyal customer base. The rent currently is under 5500.00 plus CAM +RE and the current owner does not offer any of his personal services so the potential for an operator could increase net cash flow from 175 to 225 as an owner operator. 

       The current owner just manages day to day  operations, payroll ordering and paying bills. The current owner has three income streams ( $2350.00 month ) from nail salon rentals making the rent extremely affordable, resonating into a more profitable full-service Salon. This is perfect for somebody out of beauty school or an operator in the North Tampa area or south Tampa area that wants to add this to their portfolio. The owner is extremely motivated and entertaining offers.

 

  •  Established over 20 years

  •  Rentals under $5,500 plus can

  •  Different Revenue income streams

  •  Potential to increase cash flow for a cosmetologist

  • 2 Estheticians

  • 1 Massage Therapist

  • 2 Receptionists

  • 2 Assistants

  • 4 Nail techs

  • 7 Stylists-Cosmetologists

  • ROI under 2 years

Listing Number : 12051

Business Listed By

Henry Galasso

Email this List   516-342-1648
Email this List   516-779-8900
Email this List   henry@eastcoaststores.com
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