Hair Salon at great location in Queens

Queens, NY
Queens County


Asking Price: Annual Revenue:
$45,000 $150,000

Services: Hair, Nails, Spas, Tanning


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RE: Hair Salon at great location in Queens Broker: Sherry Wang

Quick Facts

Asking Price: $45,000
Annual Revenue: $150,000
Net Profit: Not Disclosed
Cash Flow: $52,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 2
BBN Listing #: 125552376
Broker Reference #: 86471-685459

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Business Overview:

This hair salon is located in a very busy neighborhood in Queens, right next to a shopping plaza and a supermarket. It’s a corner shop divided to 2 independent storefronts, one side is the salon, the other side can be a nail salon or an extended salon space. Current owner has the lease for the whole corner shop. The rent is only $3,000 for the 2 storefronts. The salon is newly renovated. Everything is included in the asking price. Great chance. Priced for a quick sale.

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Market Competition and Expansion:

Currently it’s a side business for the owner, the salon is by appointment only. A fulltime owner can definitely double the revenue easily. One of the 2 storefronts is rented to another business now. A new owner can use the extra space for a nail salon or add seats to the current hair salon. There is no nail salon nearby, so it could bring great potential in increasing the revenue.

Reason for Selling:

Other interests.

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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