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- RE: Established Queens Salon
- Contact: Matthew Raber
Quick Facts
Asking Price: | $110,000 | |
Annual Revenue: | $46,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 70,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 2 | |
BBN Listing #: | 689435879 | |
Broker Reference #: | 6842-803514 |
Business Overview:
Established Queens Salon In A Very Trendy Up And Coming Area
Open since 2016, very affordable rent of only $2,700 with ZERO real estate tax....5 years left on the lease. Right near the N and W train subway line in a very up and coming area, ready for a new owner to take this business to the next level. Salon is only open 5 days a week with a very clean and modern build out, clients like coming to this salon because the owner offers a vast variety of services like nails and massages as well. This business has two part time employees. New owner that speaks fluent Spanish or has pre existing clientele is a plus, but not required to succeed due to rapid demographic changes in the area over the last few years. This opportunity will not last long... reach out to me for more information.
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Property Features and Assets:
FF&E Overview: Good FF&E General Condition: Good
Market Competition and Expansion:
Expansion: Increase in social media presence as currently little to no marketing done. Hire more employees that can do massages and nail services that preferably have existing clients but need a great location to perform their services, this in turn will immediately increase profit and revenue.
Reason for Selling:
Personal
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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