HAIR SALON CENTER, sln233

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.

Ron Cervelli

contactus@regalconsultants.com

Fill Out Our NDA

Contact Us About This Listing

  • Hidden
  • This field is for validation purposes and should be left unchanged.