Country: United States
Category: Barber/Beauty Salons
Tenancy: Single
Cash Flow: $157,182.00
Expenses: N/A
Revenue: N/A
Outstanding Upscale full service beauty salon in downtown area of Naples, FL. Revenues... Read More
Outstanding Upscale full service beauty salon in downtown area of Naples, FL. Revenues include Salon Rentals Income approx. $165,000 per annum. This luxury salon has 11 fitted out rooms, and comprising 8 stylists rooms, 1 manicure and pedicure room, 2 facial and massage rooms, 1 backroom with large sink, refrigerator, washer and dryer and storage room. Two part time receptionists. additional Revenues are generated from a profitable retail section with hair care products, sundry items and women's fashion accessories. Owner currently manages salon, and also operates from own wig business from rental space. Owner intends to continue this activity upon sale. Note: Revenues per 2012 tax return includes sales and income generated by owner from her rental room station. The cash flow of $157,182 will be reduced with new owner and asking price has been adjusted to exclude the benefit of current owner's service income. The cash flow to new owner will be the rental income plus certain service and product sales. Premises rental is $47,000 p.a., utilities $11,000. Read Less