Beauty Supply Store for Sale – Sarasota, Florida
Description
An exciting opportunity awaits with this thriving beauty supply store in Sarasota, Florida, one of the region’s most desirable and fastest-growing markets. Featuring a 10,000 SF superstore and a newly built salon, this business delivers consistent profitability, strong margins, and room for expansion in both retail and services.
Business Overview
Strategically located on a busy retail corridor with high visibility, this store generates nearly $1 million in annual sales and delivers reliable monthly profits of $20,000–$30,000. The operation is fully turnkey with an experienced staff, well-established vendor relationships, and a loyal customer base. A recently added 1,300 SF salon space offers immediate upside potential for additional income streams.
The expansive inventory, valued at over $1.1 million retail, provides customers with one of the largest selections of beauty, haircare, skincare, and cosmetic products in the area. This breadth of product choice makes it a premier one-stop destination for beauty needs in Sarasota.
Financials
Qualified buyers will have access to detailed financial records upon signing a non-disclosure agreement and providing proof of financial capability. Consistent reporting shows strong performance and reliable cash flow, making this a stable and attractive business investment.
Growth Potential
This store is well-positioned for expansion and scalability. A new owner can:
- Monetize the newly added salon space with services or rental income.
- Expand into online retail to capture additional sales channels.
- Explore regional franchising to grow brand presence and market share.
The limited competition of this scale in Sarasota creates a rare chance to dominate the local beauty supply market while tapping into future growth opportunities.
Reason for Sale
The current ownership is focusing on new business ventures, making this a timely opportunity for the next owner to step in and scale the operation further.
Investment Highlights
- Consistent Revenue: $75,000–$80,000 in monthly sales, peaking above $90,000 during high-demand seasons.
- Strong Profit Margins: Monthly net profits averaging $22,000–$25,000 with trailing 12-month sales near $1 million.
- Prime Location: Situated on a high-traffic road with excellent visibility and easy customer access.
- 10,000 SF Retail Space: Modern, spacious buildout optimized for high-volume sales.
- New Salon Addition: 1,300 SF salon space recently built, capable of generating $8,000–$10,000 in monthly income.
- Favorable Lease: Current rent at $5,500/month, well below market rates for this location and size.
Address
Overview
- Property ID 13941
- Price $999,999.00
- Property Type Business
- Property status Sale
- Year Built 1978
- Size 11,300 SqFt
- Land area 12,000 SqFt
- Sub Type Business Only
- Investment Type Stabilized
- Investment Sub Type Business
- Class B
- Lease Type NNN
- Tenant Credit Credit Rated
- Tenancy Multi
- Lease Commencement 01/01/2018
- Square Footage 11,300
- Net Rentable (SqFt) 12,000
- Price per SqFt $88.50
- Cap Rate 26.00%
- Pro-Forma Cap Rate 30.00%
- Occupancy 100%
- NOI $260,000
- Pro-Forma NOI $300,000
- Units 2
- Year Renovated 2023
- Buildings 1
- Stories 2
- Zoning CG
- Lot Size (acres) 10
- Sale Condition For sale by owner
