Owner Financing is Available!
Business Overview:
This is a great opportunity for an owner/operator and a must see. Recently updated full service hair salon and spa located on a main street in the center of an upscale community. New equipment introduced to provide state of the art service for the many treatments offered. 9 styling stations with space for two more, coloring room, nail room with 4 stations, 2 private rooms for waxing and facials, makeup and eye treatment stations, private room with 4 stations for pedicures, air brush tanning room, and a full massage room. There is plenty of parking with a large parking lot behind the salon. Experienced operators have been recently added to the staff to generate additional revenue. Current owners are not hairdressers and only manage the business. An owner/operator with their own client base would experience higher cash flow. A client database has been created for future marketing efforts.
Business is offered at $265,000. The owner will accept a down payment of $165,000 and will finance the $100,000 balance with terms negotiable. The cash flow will pay back the down payment within 16 months.
For more details call Paul Holveck at Executive Business Brokers, 908-851-9040 x277.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
3,000 sq.ft salon with large parking lot behind the building; recently updated décor and new equipment added.
Market Competition and Expansion:
Only full service salon in town.
Reason for Selling:
Partnership is splitting
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: