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Business for Sale Summary

Blow Out Bar For Sale in Burlington County, NJ - 33023

Business Type: nail salons,spa / dayspa / skin care,tanning salon,hair salon/ barber shop
Blow Out Bar For Sale in Burlington County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $199,000 Down Payment $199,000
Gross Revenues $286,089 Lease Remaining Register Free to View
Owner’s Cash Flow $60,000 Number of FT Employees Register Free to View

Financing

$199,000 Down and

Business Description

A NEW CONCEPT IN HAIR CARE, 'the blowout category', is quickly growing into what has become a $40 billion a year global hair salon industry. There is no end in sight for the growth of this industry. A Blow Dry Bar focuses on giving clients a finished look in a short amount of time by offering specific and specialized services such as blowouts, keratin treatments, hair extensions, makeup applications and more. Services typically cost less than at a full-service salon and there is generally less wait time. When a business is listed for sale in its first year, there is typically a money problem. Not So Here. Open less than one year, this franchised location is already profitable. Recent severe illness has caused this Seller to readjust her life priorities and she now intends to uproot and move to California to be near her son. And, she is selling the Bar at less than cost which typically runs about $300,000 per store all inclusive. Plus, the Bar is soon to offer hair cutting, eyelash extensions and body waxing for the more leisurely customer. It is impossible to say just how profitable this business will become in the next 12 months and beyond. Beautifully appointed, fourteen chairs, eight stylists, absent clutter and quick, efficient service mark this Blow Dry Bar. Open extended hours (7 am to 7 pm) for women on the way to work or late for dinner engagements. Add events such as weddings, holiday gatherings, proms or whatever; these are busy shops. Growing in popularity, these Blow Dry Bars give customers a professional look in a timely and cost-effective way. There are now twenty-four stores in the chain and forty-five more under agreement and in the process of opening. The franchise plan is to open 250 stores in the next 2-3 years. According to Inc. 500, this is one of the fastest growing chains in the country. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.

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.