Ulta has been offering to pay a $3 million price tag for a 1,400-person hair salon in Miami that it is hoping to open this year, according to The Associated Press.
The salon, which would be the first of its kind in the United States, will offer salon-style hair treatment and make-up services and will be located at 2333 S. Florida Ave.
The new facility will be operated by the company that owns and operates the iconic Coral Gables beauty salon.
The sale will close at the end of March.
Ulta, which was founded in 1999, has been expanding in the past few years, opening more than 2,000 locations in the U.S. in 2016 alone.
Ultas largest customer base is women aged 25 to 54.