Price: $59,900
Location: Middlesex County, New Jersey
Industry: Salon
Listing ID: sln233
Attractive hair salon now available in an affluent area of Monmouth County, New Jersey due to owner’s injury and forced retirement. The salon servicing men, women, and children in addition to a full party room for children’s birthday celebrations. This salon had a dependable income with a consistent return on investment. This is a wonderful opportunity located at an affluent area of Middlesex County New Jersey and priced for an immediate sale.
Listing Details
Revenue: $150,000
Cash Flow: $42,000
FFE: $45,000 (Included in Price)
Inventory: $750 (Included in Price)
Reason For Sale:
The purpose of this business transaction is due to the owner’s auto injury and now retirement.
Training & Support:
The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.
Location
Security on Lease: Two Months
Lease Option: Yes, Available
Monthly Rent: 4,400
Type of Location: Active commercial Mall
Square Footage: 3,000
Relocatable?: Yes
Facilities Information:
The business fixed assets have an estimated value of approximately $50,000 which is based on the original equipment, licensing buildout and replacement cost. This transaction consists of a fully equipped commercial salon which includes, required licenses, sinks, displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request.
Summary
Owner Qualifications:
For Qualifications purposes, this business opportunity and industry requires New Jersey state government licensing approval to operate in addition to the standard required municipal licenses.
Competition:
Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Potential Growth:
: The business can be further expanded by the new operator, the salon presently does not have a marketing plan, no local advertising, no web site and if improved can further develop the business yearly gross sales.