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Asking Price: $400,000

Premier Long Island Salon | 95% Client Retention

Great Neck, NY
Nassau County

SellerForce® presents a distinguished Hair and Beauty Salon located in an affluent section of Long Island, N.Y. For the past two decades, this company has demonstrated its expertise in the profitable Beauty Industry and established an impeccable reputation by offering a wide array of personalized hair and beauty services.The establishment is renowned for its modern, welcoming ambiance that includes a pristine white interior mixed with striking red chairs that have created an inviting atmosphere for its sophisticated clientele.This company excels at delivering a diverse range of services that include haircuts, blowouts, coloring, hair treatments, updos, braids, bridal services, hair extensions, eyebrow services, laser hair removal, and make-up application. With private rooms dedicated to applying facials, this salon is ideal for high customer satisfaction and client comfort. By utilizing superior quality hair products and employing a team of highly talented stylists, the business ensures an upscale, luxurious experience that distinguishes it from what competitors are doing.The salon has an exceptional client retention rate. At least 95% of clients make additional bookings, perfectly illustrating this company’s many loyal patrons. Despite some seasonal fluctuations, the business enjoys peak client visits during spring and fall, which has ensured a steady revenue stream throughout the year. For a new owner, there is significant growth potential through use of social media marketing and partnerships with social influencers.Business Broker TakeawaysPrime LocationSituated in an affluent area, the business benefits from a highly favorable lease with an option to extend, providing a stable foundation for continued success.Established TeamThe salon is supported by a team of 8 independent contractor stylists, a make-up artist, and a facialist/laser treatment specialist. Key employees are expected to remain post-sale, with the potential to expand the team and services offered.Growth OpportunitiesBy enhancing digital marketing strategies, engaging with influencers, and expanding retail offerings such as jewelry and clothing, the business is poised for substantial scale opportunities. Additionally, the current owner’s willingness to provide transition support ensures a smooth ownership changeover, allowing a new owner to capitalize on these opportunitiesThis established beauty brand in Great Neck, N.Y. has established itself by delivering exceptional hair and beauty services for 2 decades. With a skilled team of stylists in place, the company is well-staffed to handle a diverse client base. By integrating additional skilled professionals, the business can further enhance its service offerings and cater to a broader clientele.Financially, the business demonstrates a strong and consistent performance, with a prime location in an affluent neighborhood offering a stable environment for continued success. With a favorable lease extending for six more years, a new owner can leverage the salon’s reputation and location to unlock new growth avenues.Listing ID: SF494

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Cash Flow $140,000
Revenue $320,000

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