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Business for Sale Summary

Salon & Spa For Sale in Queens County, NY - 33029

Business Type: nail salons,spa / dayspa / skin care,tanning salon,hair salon/ barber shop
Salon & Spa For Sale in Queens County, NY
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Financial Information (non-confidential)

General Information
Asking Price $110,000 Down Payment $80,000
Gross Revenues $400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $120,000 Number of FT Employees Register Free to View

Financing

$80,000 Down and $30,000 @ 7% for 12 months

Business Description

Go relax in this upscale well established beauty spa. This salon has been in the neighborhood for 35 years and the existing owner has owned it for 16 years. Offering services including nail and hair, this salon is located in one of the busiest neighborhoods in Queens. Be prepared to be surrounded by an incredibly beautiful atmosphere. The current owners really know how to pamper their clients, and they have been doing so for over 16 years. There are 10 salon seats and a separate wash area with 3 sinks. They offer a wide array of services ranging from Brazilian wax,, deep tissue massage, laser facials, teeth whitening, hair coloring services and blowouts, manicures and pedicures. The original buildout cost over $200K and it is quite evident in the appearance. There are still 6 years left on the lease and an extension should be granted. The salon consists of two floors and at 2800 feet, it is very spacious. The current owner rents out some of the space to other spa specialists so his rent is extremely affordable. To see this business, kindly contact Ross Lombardo at 877-735-5224. Please be very discrete when visiting this salon since the employees and patrons are unaware of the owners intention to sell.

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.