Hair Salon
Location New York,United States
Asking Price Range < $250K
Gross Revenues $375000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Reason for Sale The owner has cancer.
Description Hair Salon for sale. 7 chairs, 2 pedicure chairs, and 2 manicure tables. 5 major hair stylist 50% payment. 2 assistants - 2 for manicure and pedicure specialist 50% payment. 1 for relax massaging 50% payment. This is a perfect place to get a good business. There is also a basement for wax, massaging, colors and office.
Financial Information:
Asking: $180,000 (WE CAN MAKE A DEAL).
Gross: $375,000.
Cash Flow: $150,000.
Furniture, Fixtures & Equipment: $45,000.
Financing: 75% down.
Summary Description: Busy Queens hair salon in business for 4 years. The salon is located in a busy retail area that includes many restaurants, bars, retail shops, and food stores which creates a large volume of street traffic. A real money maker from the walk-in and repeat business. Store is clean, warm and inviting from a visual point of view.
Facilities: 7 chair salon in high traffic retail area. 10 year lease available.
Reason Selling: the owner has cancer.
Year Established: 2001.
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