Long Standing, Neighborhood Favorite, Hair Salon
Not Disclosed, NJ Not Disclosed
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- RE: Long Standing, Neighborhood Favorite, Hair Salon
- Contact: Paul J.
Quick Facts
| Asking Price: | $140,000 | |
| Annual Revenue: | $235,139 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $79,170 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1993 | |
| Employees: | 5 | |
| BBN Listing #: | 940696 | |
| Broker Reference #: | 5852-125165 |
Business Overview:
Lovely neighborhood Hair Salon, with 8 stations, 2 color, and two wash stations, plus a separate wax/facial room.
2 full time, 1 part time operator, 2 receptionists
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Property Features and Assets:
Monthly Rent: $2,900.00
Square Units (Foot, Meter): 1,100
Lease Expiration Date: March 5, 2028, 12:00:00 AM
Market Competition and Expansion:
Competition: Good location on a busy street with plenty of parking
Expansion: some modern touches, and more aggressive advertising would give it a boost
Reason for Selling:
semi-retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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