High Value Salon with Growth Opportunity

Brooklyn, NY
Kings County

Kings County


Asking Price: Annual Revenue:
$49,999 $205,000

Services: Hair, Nails, Spas, Tanning


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RE: High Value Salon with Growth Opportunity Broker: Bakley Smith
Owner Financing is Available!
49999.00

Quick Facts

Asking Price: $49,999
Annual Revenue: $205,000
Net Profit: Not Disclosed
Cash Flow: $121,960
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 4
BBN Listing #: 376335879
Broker Reference #: 46931-46116

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Business Overview:

Established, high value salon with growth opportunities is for sale at a discount price. Owner is relocating and selling for that reason only. Business is in great shape and is under a large brand name licensing agreement.

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Property Features and Assets:

Opened in 2012, the business has grown steadily with organic interest and the development of its neighborhood.

Market Competition and Expansion:

The salon is in a dense urban neighborhood and there is competition; however, the higher-touch model it employs is less competitive. Potential Growth High growth opportunity.

Reason for Selling:

relocating

Additional Details:

  • The property is leased.
  • The owner is not 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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