Business For Sale

Cash Flow Rich Hair Salons (multiple locations)

Not Disclosed, NJ

Northern New Jersey


Asking Price: Annual Revenue:
$1,290,000 $1,450,000

Services: Hair, Nails, Spas, Tanning


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RE: Cash Flow Rich Hair Salons (multiple locations) Broker: Karin Neumann
Owner Financing is Available!
$0.9m Seller financing subject to buyer qualification.

Quick Facts

Asking Price: $1,290,000
Annual Revenue: $1,450,000
Net Profit: Not Disclosed
Cash Flow: $450,000
Total Debt: Not Disclosed
FF&E: $379,000
Real Estate: Not Disclosed
Year Established: 12+
Employees: 40
BBN Listing #: 75636267
Broker Reference #: 1492-2039

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Business Overview:

This well-known unisex hair salon located in Northern New Jersey has seven locations plus office and warehouse space. Services offered include traditional services like styling, haircuts and waxing.

It is projected that a new owner will obtain additional growth by expanding the direct mail efforts with a minimal investment of $4k. The company projects a revenue growth rate under such premise of 10%+ per year.

The company has been fully reviewed and conservatively appraised by a well-known national valuation firm at 3.5x SDCF (ttm). A full valuation report is included in the prospectus. There is $18,000 in Net Working Capital and another $361,000 in Fixed Assets included in the deal. By implementing the proposed deal structure an owner operator will obtain more than $260,000 benefit in after-acquisition-debt cash flow in Year #1 - 70% return on equity investment.

A comfortable two month transition period will be provided by an owner who truly wants to see the business reach its maximum potential. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.

(ALL DATA BASED ON SIGNED TAX RETURNS)

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Property Features and Assets:

Seven locations plus office and warehouse space.

Market Competition and Expansion:

The salon enjoys a competitive advantage by providing consistently high quality services to a stable and loyal customer base at great prices. In addition, the existing team of experienced stylists and technicians has been there for over 20 years serving families in this very affluent community. Moreover, existing capacity allows for significant growth of nail salon to capture existing demand not addressed. It is projected that a new owner will obtain additional growth by expanding the direct mail efforts with a minimal investment of $4,000. The company projects a revenue growth rate under such premise of 10%+ per year.

Reason for Selling:

Other Business 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.

Relevant Links:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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