Turnkey Salon Business on Coral Gables' Miracle Mile

Established salon for sale on Miracle Mile, Coral Gables, with loyal clientele and great visibility. Lease and two stylists included.
$155,000

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Florida Local Time --:--
MLS #A11876454
Listing Updated: 2026-07-10 12:36:51
Listed By: Graber Realty Group LLC

Overview

This established salon business along the prestigious Miracle Mile in Coral Gables presents an exceptional opportunity for those seeking a turnkey operation in a vibrant retail district. The salon benefits from strong, consistent foot traffic and excellent visibility, contributing to a steady stream of customers. The well-maintained interior features quality fixtures, furniture, and equipment, all ready to support daily operations.Located in one of Miami's most sought-after shopping corridors, this salon comes with a favorable lease and offers immediate income potential. Two experienced owner-stylists, responsible for the bulk of the business revenue, are available to stay employed for up to two years, ensuring a smooth transition and sustained client relationships. This is an ideal acquisition for entrepreneurs seeking a profitable business with room to grow in Coral Gables.

Property Highlights

Prime salon business on elite Miracle Mile. Consistent foot traffic and strong brand reputation. Includes quality equipment and a favorable lease. Owner-stylists available for transition.

Property Details

City: Coral Gables
State: FL
Zip Code: 33134
Address: 345 MIRACLE MILE, Coral Gables FL 33134
Year Built:
Property Type: Business Opportunity
Property Sub Type:
Listing Office Name: Graber Realty Group LLC
County: Miami-Dade County
Garage Spaces:
Parking Features:
Interior Features:
Exterior Features:
Waterfront: No
Pool: No
HOA Fee: $0
Annual Tax: $0
Days On Market: 269 Days
Prime salon opportunity on the prestigious Miracle Mile in Coral Gables. This established salon has been operating successfully with over $300,000 in annual revenue and benefits from consistent foot traffic, excellent visibility, and a beautifully maintained build-out. The space is thoughtfully designed with quality fixtures, furniture, and equipment in good working condition, paired with a favorable lease that has four years remaining.Two experienced owner-stylists, who generate the majority of revenue, are willing to remain as employees for up to two years post-sale, ensuring client continuity and a smooth transition. This is a rare chance to acquire a turnkey salon in one of Miami’s most sought-after retail corridors, with immediate income and strong growth potential.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

345 MIRACLE MILE, Coral Gables FL 33134

About This Neighborhood

Situated on the iconic Miracle Mile, this salon benefits from Coral Gables’ vibrant commercial corridor. The area blends boutique shopping, dining destinations, and professional services, drawing both local residents and visitors. Coral Gables is known for its Mediterranean-inspired charm and lush streetscapes, creating an upscale ambiance that appeals to discerning clientele.Living and working in Coral Gables means easy access to cultural venues, beautiful parks, and well-maintained public spaces. This neighborhood’s combination of urban convenience and small-town feel supports lifestyle-oriented businesses like salons, making it an ideal location for personal care enterprises.

Walkability & Lifestyle

Miracle Mile is known for its walkable layout, featuring tree-lined sidewalks and an inviting streetscape. Residents and visitors enjoy easy access to restaurants, shops, and services within a short stroll. This pedestrian-friendly environment supports steady foot traffic that benefits small businesses.The neighborhood also offers close proximity to parks and public transportation options, enhancing connectivity throughout Coral Gables. This walkability fosters an active urban lifestyle that blends convenience with the charm of a historic district.

Things To Do Nearby

Coral Gables offers a rich array of activities nearby, including waterfront parks, golf courses, and cultural attractions like theaters and art galleries. Dining options along Miracle Mile range from casual cafes to upscale eateries, perfect for after-work or weekend outings.The proximity to marinas and outdoor recreational spaces allows for diverse leisure experiences, appealing to locals and visitors alike. The vibrant nightlife scene and frequent community events add to the area’s dynamic character, making Coral Gables a lively place to live and work.

Nearby Schools

Coral Gables is home to a variety of well-regarded public and private educational institutions, making the neighborhood popular with families. Access to quality schools contributes to the community’s desirability and supports local businesses catering to family-oriented clientele.For business owners residing or considering relocation to Coral Gables, the proximity to schools adds convenience for families and employees alike. This educational environment complements the neighborhood’s upscale, community-centered lifestyle.

Why Buyers Like This Area

Buyers appreciate the rare opportunity to acquire a well-established business in the heart of Coral Gables’ premier retail district. The combination of a solid client base, professional build-out, and strategic location on Miracle Mile addresses both operational and lifestyle considerations.The availability of experienced owner-stylists during transition provides reassurance and continuity, enhancing buyer confidence. Additionally, the business's turnkey nature and favorable lease terms make it an appealing purchase for those seeking immediate operation with growth potential.

Investment Potential

This business offers a stable revenue stream in a dynamic part of Coral Gables, making it appealing for buyers seeking an operational salon with growth opportunities. The existing clientele and amenable lease terms add to the ease of transition, while the location on Miracle Mile ensures ongoing customer flow. Those interested in small business ownership in a bustling retail environment will find this opportunity well-suited to their goals.While this is a business acquisition rather than a traditional property purchase, its established presence and consistent earnings provide a solid foundation. Buyers should consider the local market trends and the strong demand for personal care services in Coral Gables when evaluating this opportunity.

Rental Income Potential

Although this listing is primarily a business opportunity, the favorable lease arrangement enhances its appeal for buyers concerned with location expenses. Situated on Miracle Mile, the salon enjoys a steady influx of potential clients, which is essential for generating reliable revenue.Given the ongoing demand for personal services in Coral Gables, this salon's prime location supports the potential to attract new and repeat customers alike, contributing to income stability. Prospective owners may appreciate the continued involvement of the lead stylists, which helps maintain client loyalty during the transition.
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