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Owner-Absentee Salon and Spa in South Florida

Off-Market

FL

Semi Owner Absentee Salon & Spa Business In Southeast Florida

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Revenue

$4,000,000

Earnings (SDE)

$800,000

Margin

20.0%

Year Established

1998

Listed

30+ Days

Customers

The business serves over 1,000 clients per week with approximately 95% female clientele and 5% male clientele.

Customer Acquisition

No marketing is required due to strong organic demand and the business's reputation in the market.

Team

The salon employs approximately 70 operators. All 1099 contractors have revenue-split agreements. Experienced management team in place.

Owner's Role

The owner has been mostly absentee since 2020 and handles payroll and finance. He puts in approximately 2 hours a month from home.

Reason for Selling

The owner is 67 years old and currently semi-retired, considering a full sale of the business.

Contracts

No

Real Estate

The business operates in a 11,000-square-foot rented location.

When Are You Looking to Sell

ASAP

Licenses Required

No

Business ID: 1567

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