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  • RE:  Established Queens Salon
  • Contact:  Matthew Raber
Owner Financing is Available!
Owner Terms:$40,000.00 Interest:12% Term Months:12 Monthly Payment:$3,553.95

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

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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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