Hair Salon-Real Estate Available-PRIME Location

Not Disclosed, NJ
Union County

Asking Price: Annual Revenue:
$99,000 $170,070

Services: Hair, Nails, Spas, Tanning

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RE: Hair Salon-Real Estate Available-PRIME Location Broker: Phil Zanardi

Quick Facts

Asking Price: $99,000
Annual Revenue: $170,070
Net Profit: Not Disclosed
Cash Flow: $81,649
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 4
BBN Listing #: 97044955
Broker Reference #: 3406-16851

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Business Overview:

Hair Salon with steady streamline of customers in a GREAT location. The business has several stations and several stylists at each chair.

The sale comes with a turnkey operation, fully equipped with inventory as well as retail products to sell on day 1 of open business.

The real estate is also available for sale, in which there is a tenant on the lower floor. There is a driveway with an extended parking lot in the back for customers and employees, leaving plenty of room and access in and out of the building.

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Property Features and Assets:

The building is in a prime location in Union County, on the corner of a busy intersection, next to anchor stores such as a supermarket and a bank branch. It's also located roughly a quarter mile from the Garden State Parkway, making it incredibly accessible for commuters to come see their favorite stylist. The building has 2 floors: The Hair salon sits on the top floor, while the bottom floor is rented to a spa that pays 1700/mo. Assets = $100,000.

Market Competition and Expansion:

Only about 5-6 successful Salons in this particular town of 15,000 residents. The potential for growth cannot be overstated. This company was built on referrals with no digital presence whatsoever. A website, SEO, social pages, and a few testimonials can double the sales of this already profitable Salon.

Reason for Selling:

Owner is looking to prepare 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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