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Simones Salon Inc

Beauty Salons · Ormond Beach, FL

Simones Salon Inc is a business in Ormond Beach, Florida, listed under beauty salons, with 5 to 9 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $88K to $520K.

Public record

Industry
Beauty Salons (NAICS 812112, as reported by the business)
Location
Ormond Beach, Florida
Staff
5 to 9 people (as reported in 2020 to 2021)
Local rank
#6 of 11 businesses in Ormond Beach listed under beauty salons, by staff size (2020 to 2021)
As of
2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Beauty Salons with 5 to 9 staff, bought 2023 to 2026. Based on 35 purchases.

Loans used to buy them

$75K to $440K

Middle loan about $240K

Estimated purchase prices

$88K to $520K

Middle price about $280K

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Simones Salon Inc.

Financials of businesses like this

Average revenue

$426K

a year

Average payroll

$185K

43% of revenue

Average staff

6.6

people

US averages for beauty salons with 5 to 9 staff, 2022 (11,210 businesses). These are not Simones Salon Inc's own figures; its own revenue and profit are what a valuation needs.

Value Simones Salon Inc on Value Alpha

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Personal Care Services in Florida: the sale report

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Questions

How much is a business listed under beauty salons worth in Florida?
From 2023 to 2026, businesses listed under beauty salons with 5 to 9 staff sold for about $88K to $520K, with a middle price of about $280K, based on 35 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about Simones Salon Inc?
The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of Simones Salon Inc get a valuation?
Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

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