Hair Salon & Coloring-14 Yrs Strong-Great Location

Not Disclosed, NJ
Monmouth County

Asking Price: Annual Revenue:
$180,000 $364,299

Services: Hair, Nails, Spas, Tanning

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RE: Hair Salon & Coloring-14 Yrs Strong-Great Location Broker: Phil Zanardi

Quick Facts

Asking Price: $180,000
Annual Revenue: $364,299
Net Profit: Not Disclosed
Cash Flow: $57,958
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 4
BBN Listing #: 35884955
Broker Reference #: 3406-14949

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Business Overview:

THE HEART OF TOWN: Beautiful Hair and Color Salon located on the main strip of town with storefront views, 8 chairs, a waiting area, receptionist are, and mixing/coloring room. Fully stocked inventory for coloring. The business has been a local gem for almost 15 years and has deep roots to its community, with a solid retention rate and a talented staff with strong followings. Very reasonably priced rent/lease. Perfect for a local stylist to own and operate.

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Property Features and Assets:

1,400 square feet leased space with room for 8-10 chairs, small waiting area and coloring/mixing room. Assets= $153,250

Market Competition and Expansion:

There is several barber shops on the main strip of town, however this is one of the few places that is a full service hair salon. It is also the longest standing hair salon for women in town. The potential for growth is massive. The foot traffic that walks by this space is unparalleled, and there is room to advertise and add to the digital marketing that this company has started just a few years ago.

Reason for Selling:

Owner is preparing for retirement.

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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