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Business for Sale Summary

Fantastic Absentee Salon - 35368

Business Type: absentee business,health/beauty/nutrition supply,misc. service/non-classifiable,other personal services,hair salon/ barber shop
Fantastic Absentee Salon
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This business has received 88 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $65,000 Down Payment $65,000
Gross Revenues $338,000 Lease Remaining Register Free to View
Owner’s Cash Flow $62,000 Number of FT Employees Register Free to View


$65,000 Down and Possible for a well-qualified byer with experience and a PG.

Business Description

Fantastic Absentee Salon – Established over 25 Years. Great reviews! Major Price Reduction. A steal at $65K or best reasonable offer! This location is in the heart of a beautiful S.Shore Village in a busy shopping center with a high end anchor tenant. They offer unisex hair styling and cutting, color, foils, perms, highlights, keratin treatments, waxing and much more. The space is well lit with an open feel. It is 1,100 sq. ft. with 9 styling stations, plus 3 sinks. The landlord will offer a qualified tenant a new, long-term lease. The current rent is $4,565/mth (including tax, CAM and insurance). There is a large parking lot with ample spaces. The business is fully staffed with 6 FT and 1 PT employee. The owner manages the business only a few hours per week. He would be willing to stay on to assist in a training and transition period. In the past year the business grossed approx. $338,000 with a net cash flow of approx. $62,000.00. We are seeking a serious and financially qualified buyer with at least $65K in liquid funds. This is ideal for a stylist who can bring along their own following. To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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.