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Business for Sale Summary

Beauty Salon & Spa in New York - 35466

Business Type: hair salon/ barber shop,health/beauty/nutrition supply,healthcare related services,other personal services,seller financing available,spa / dayspa / skin care
Owner Financing
Beauty Salon & Spa in New York
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Financial Information (non-confidential)

General Information
Asking Price $525,000 Down Payment $400,000
Gross Revenues $1,100,000 Lease Remaining Register Free to View
Owner’s Cash Flow $524,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and $125k over 2 years @ 5%

Business Description

Check out this full-service beauty salon, located in Kings County, where they offer a complete range of salon services, including lifting massage, acne treatment, facials, ultrasound facial, cryotherapy, neck lifts, carbon and chemical peels, micro needling, fractional therapy, silk threat massage, and many more. Whether you need a spa day for yourself or a group event like Spa Parties, Bachelorette, or Bridal, we are here to cater to your needs. They also offer fee splitting with cosmetologists, which mean you can earn while you learn or collaborate with other professionals in the industry. The salon is equipped with modern equipment and facilities, covering a hi-end 3,500 sq ft area with ten rooms (four are rented- almost covering rent). The salon has a large client base of 8,000 and active social media networks, including a website. They also have an app with 16,000 followers and everyday video facial lessons and exercises, making it easy for you to keep up with the latest trends and techniques. The owner is experienced and trained in cosmetology and can help train other cosmetologists, making this salon a perfect choice for anyone looking for a career in this industry. The owner also offers a cosmetology school, which will be a ready source of interns and staffing for the salon. If you're interested, please note that fluency in Russian is required. We're looking for an experienced salon professional and require proof of funds for a meeting. Due diligence is required, and you can contact our broker, Joseph Stansky at (631) 383-3109, for more details.

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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.