Profitable Hair Salon with 15 Stylists

NOT DISCLOSED, New York

Asking Price	$399,000	Year Established
Annual Revenue	$700,000	Reason for Selling
Annual P/L		Attention	Ken Stein
Annual Cash Flow	$200,000	Listing Number	937013
# of Employees		Business Category	Services: Hair, Nails, Spas, Tanning

Business Overview:

This salon is ideal for an experienced stylist that wants to own a brand and expand on it or an investor familiar with beauty salons could step into a generous six figure income. This profitable hair salon has everything a buyer could want: a very visible Nassau County location in a high traffic neighborhood, efficient floor plan with 20 chairs, four shampoo stations and a well-trained staff of experienced stylists, a solid reputation and an owner who is motivated to sell quickly. The owner works two days a week and the majority of the revenue is performed by the 15 Stylists. The owner and staff have been satisfying very particular neighborhood residents with professional and quick service. Services include shampoo, haircut, blow dry, coloring, highlights, wig styling, perms, and extensions. It has been under the same ownership and in the same location for over 20 years. Well-known in the neighborhood and recommended by residents. The business has a great below-market lease. Business can be improved by harnessing new technology and applications to enhance the customer experience. A new owner can focus on fresh marketing strategies that will expand the customer base. The new owner can expect to make a profit.

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