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Full Service Beauty Salon
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $150000
Net Profit / Cash Flow $39572
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Description Take a look at this wonderful beauty salon for sale with all new equipment and furnishings. It has established a strong customer base with a balanced mix of ages due to its complete offering of services: cuts, coloring, waxing, straightening, permanent straightening and permanent waves as well as products such as jewelry. The build-out was completed two years ago and it includes demolition, wiring, a beautiful slate floor, and ceiling. The all new fixtures include 9 styling stations, 4 dryers, 3 sinks, security cameras, and a laundry washer and dryer. The build-out of $155,000 and fixtures of $30,000 exceed the reasonable asking price. The premises include 2 private rooms and a well organized colors room. Employees include 7 stylists, a receptionist and a shampoo specialist. The remaining lease of 8 years includes 3 years with no increase and a maximum rent in 8 years of only $1,800 per month. The owners' desire to reduce working hours brings this exceptional opportunity to the market. The business is suitable for an owner-operator or partial absentee owner, as one owner is willing to continue working with the business on a part-time basis. There are excellent opportunities for growth. Currently the business operates only 4 days per week, so an extension of hours will certainly increase sales. There is enough space to add 1 or 2 more chairs. Additional services can be added easily. Act quickly and make your inquiry about this excellent opportunity!
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