Fantastic Salon & Spa for Sale SuffolkCounty-32468

Not Disclosed, NY
Suffolk County

Asking Price: Annual Revenue:
$115,000 $478,000

Services: Hair, Nails, Spas, Tanning

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RE: Fantastic Salon & Spa for Sale SuffolkCounty-32468 Broker: Melvin L. Vaz
Owner Financing is Available!
$80,000.00 Down & $35,000 over 3 years @ 6%.

Quick Facts

Asking Price: $115,000
Annual Revenue: $478,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1965
Employees: 11
BBN Listing #: 69754447
Broker Reference #: 32468

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Business Overview:

Fantastic Salon & Spa - Same Owner for 55 Years. Unheard of today. In fact, the newest employee has been here for 25 years. Many 5 Star reviews! This is a great shop in a great location along the South Shore of Suffolk County. They offer unisex hair styling and cutting, nails, waxing, spray tanning and much more. The space is 1,500 square feet with 10 styling stations, plus 4 color chairs, 4 shampoo chairs, 2 manicure stations and a back room for wax, massage and spray tans. The landlord will offer a qualified tenant a 10 year lease (5 5) at a rent of $4,700/month. There is a huge, free parking lot with over 200 parking spaces. The business is fully staffed and the owner would be willing to stay on as a part-timer to assist in a training and transition period. In fact, he is willing to hold a note for a qualified buyer. In the past year the business grossed approximately $478,000 with a net cash flow of approximately $50,000.00. We are seeking a serious and financially qualified buyer with at least $80,000 in liquid funds to cover the down payment. This is ideal for a stylist who can bring along their own following. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be made by appointment only! Please use email reply button of this ad to contact us.

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Reason for Selling:


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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