Hair & Nail Salon for sale-established in 1992

Latham, NY
Albany County

Near Five Guys after Fresh Market on busy Route 9

Asking Price: Annual Revenue:
$89,000 $53,000

Services: Hair, Nails, Spas, Tanning

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RE: Hair & Nail Salon for sale-established in 1992 Broker: Teresa Dobson
License #: 40DO0901646

Quick Facts

Asking Price: $89,000
Annual Revenue: $53,000
Net Profit: $22,800
Cash Flow: $22,800
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 3
BBN Listing #: 794657485
Broker Reference #: 57486

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Business Overview:

Turnkey Hair and Nail Salon business for sale. Owned and operated by the same owner for 27 years. Well established business, clientele and employees. Owner is looking to stay for employment as well as train new owner. All equipment included, 6 hair stations, 4 sinks, hair dryer station, flat screen tv and nail room. Located on busy Route 9 in Loudonville, Siena Plaza, right after Fresh Market Plaza just before Five Guys.

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Property Features and Assets:

Located in busy strip mall on Route 9 near Five Guys and Fresh Market. Has are a reception area, 6 chairs, 4 sinks, 5 hair dryer stations. Also has a separate nail and pedicure room, bathroom, storage closet and employee break room. All equipment is included. Lots of parking for the customers. Easy access off busy Route 9 in Latham.

Market Competition and Expansion:

The Image Maker has been in business since 1992 with the same owner. Owner is looking to stay on as an employee and this will help retain the big clientele book she has! She also has two employees who pay for their booths weekly, and a part timer that pays for her booth weekly. This truly is a turnkey business, seller is looking to train new owner as well.

Reason for Selling:

Scaling back.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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