Chain of Salons Huge Growth Potential - 25486 Business Type: hair salon/ barber shop,misc. service/non-classifiable
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $2,875,000 | Down Payment | $1,500,000 |
| Gross Revenues | $2,699,677 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $713,224 | Number of FT Employees | Register Free to View |
Financing
$1,500,000 Down and $1,375,000.00 @ 7% over 10 years
Business Description
HUGE OPPORTUNITY TO BUY 7 HIGH END SUCCESSFUL HAIR SALONS WITH STELLAR REPUTATION'S.
This is the perfect business for either an individual or an investment group looking for a great investment. Management will stay on.
1 of the best returns on your investment in the market.
Structure is in place if an investor wants to crate a franchise out of the core business and bring this company up to the next level or just keep expanding.
One time opportunity to own a chain of 7 successful salons in different locations throughout NJ.
This chain has a long established reputation over 30 years and incredible name recognition. It is the envy of their competition.
Each store has a loyal customer base with plenty of room to increase business with dedicated staff.
Owner will stay on to help with transition or for extended period.
The chain is for sale along with the full customer list, reputation, all equipment, most of all, its net cash flow.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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