Large and Well Appointed Salon-Beautiful Finishes

Not Disclosed, NJ
Passaic County

Asking Price: Annual Revenue:
$800,000 $2,158,699

Services: Hair, Nails, Spas, Tanning

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RE: Large and Well Appointed Salon-Beautiful Finishes Broker: Cheryl Venezia
Owner Financing is Available!
$640,000 down/$160,000 over 24 months @ 6%.

Quick Facts

Asking Price: $800,000
Annual Revenue: $2,158,699
Net Profit: Not Disclosed
Cash Flow: $142,192
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 1982
Employees: 35
BBN Listing #: 92534955
Broker Reference #: 3407-16969

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Business Overview:

This is a large well-appointed salon with beautiful finishes and has been in the community for 40+ years.

The business features a stellar reputation and experienced stylists skilled at delivering superior services, resulting in a devoted client base. With 30 full-time and 5 part-time employees the place is always busy. In 2021 alone they had over 25,000 client appointments!

Customers travel far and wide for the services offered, which include hair cutting and styling, hair coloring including specialty highlighting, hair curling or straightening, nail services, waxing, makeup and eyelash extensions. The open floor plan includes state of the art stationary and mobile hair styling stations, sinks, mani/pedi stations, a color bar, waxing/makeup rooms and a private changing room.

Current owners willing to remain as stylists’ post-sale.

Don't miss the opportunity to own one of the best salons in NJ!

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Property Features and Assets:

There is 4,356 square feet of space on the first floor of a strip mall. Owners also have access to the full basement for additional storage. Assets = $677,000

Market Competition and Expansion:

There are few salons that can compare on quality of service, value for price, and atmosphere. Education is foundational to keeping the business up-to-speed with current trends. One owner is willing to continue to provide in-house education sessions at mutually agreed compensation.

Reason for Selling:

Preparing for retirement.

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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