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Business for Sale Summary

Beauty Supply Center for Sale in New York - 36244

Business Type: absentee business,hair salon/ barber shop,misc. retail/non-classifiable,misc. service/non-classifiable,nail salons,owner financing available,health/beauty/nutrition supply
Owner Financing
Beauty Supply Center for Sale in New York
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This business has received 43 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $395,000 Down Payment $250,000
Gross Revenues $550,000 Lease Remaining Register Free to View
Owner’s Cash Flow $104,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and $145,000 for 5 years @ 8%

Business Description

This well-established beauty center includes a full-service hair salon where the current owner rents out all chairs and two rooms, generating an additional $1,000 per month. The owner manages sales without providing hands-on services. This exceptional business comes with over $200,000 of wholesale inventory, meticulously maintained and organized, plus $100,000 worth of equipment. Located in a highly desirable shopping center with major tenants, this location benefits from high foot traffic. The shopping center is also set to undergo a multi-million dollar remodeling soon, which will further enhance the site's appeal. The business features ample parking with spaces for hundreds of cars and has an open lease that includes hair, nails, and related services and products. This opportunity is ideal for a buyer with a family involved in the business, possessing business and marketing expertise, and hair cutting experience, as there is significant potential to triple current numbers. The store has been completely updated and is positioned next to new condos and a busy road, ensuring continued customer traffic. Priced for a quick, hassle-free sale by a seller eager to retire. This rare gem offers tremendous growth and improvement opportunities. For more information, contact broker Jim Aloi at 631-375-4100.

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