Long standing, hair salon in busy area

NOT DISCLOSED, New Jersey

Asking Price $59,995 Year Established 1995
Annual Revenue $135,000 Reason for Selling Retirement  
Annual P/L $0 Attention David Guirguess
Annual Cash Flow $210,000 Listing Number 948160  
# of Employees 4 Business Category Services: Hair, Nails, Spas, Tanning

Business Overview:

This 25+ year hair salon is located in a prime location in a densely populated area of central NJ and ready for the next owner-operator. Turn key operation with 8 stations, two wash stations, separate wax/facial room. Current owner is willing to stay on a part-time basis if needed. Jump on this asset sale as it is much more expensive to build one out.

Property Features and Assets:

<p>Monthly Rent: $2,400.00<br><br>Square Units (Foot, Meter): 1,200<br></p>

Market Competition and Expansion:

<p>Competition: Excellent location and turn key operation. Plenty of space to add.</p><p>Expansion: Excellent location and turn key operation. Plenty of space to add nail technician/waxing, etc. Currently has 8 stations. Currently closed 2 days a week, can maximize revenue by opening additional 2 days.<br></p>

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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