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Business for Sale Summary

Luxurious Salon & Day Spa Ideal for Medical Svcs - 30857

Business Type: health/beauty/nutrition supply,hair salon/ barber shop,health/medical/dental practices,healthcare related services,nail salons,business with property available,seller financing available,spa / dayspa / skin care
Luxurious Salon & Day Spa Ideal for Medical Svcs
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Financial Information (non-confidential)

General Information
Asking Price $599,000 Down Payment $499,000
Gross Revenues $1,368,284 Lease Remaining Register Free to View
Owner’s Cash Flow $208,240 Number of FT Employees Register Free to View

Financing

$499,000 Down and The seller will finance $100K at 6% over 24 months

Business Description

This Luxurious Full-Service Salon and Day Spa in Bergen County, NJ is primed for Medical Services to be added to it. You will inherit a database of 5,000 active clients and $250K of state-of-the-art equipment. The staff is dedicated to providing its clientele with the highest quality services available. Highly professional hair stylists, nail technicians, estheticians, and massage therapists chose from the best products to perform their services. You will be impressed by how elegantly the space is furnished and decorated. It spreads out over 6,625 square feet over three floors connected by an elevator and stairs. The salon and day spa is the sole tenant of the architecturally refined building that houses it. The seller is the landlord and is willing to give you the right of first refusal, when she is ready to sell the property. It comes with a private parking lot with 41 dedicated parking spots. The basic rent is $13,250/mo ($24 per square foot). Real estate tax is $2,950/mo and maintenance of the grounds is $1,800/mo (snow plowing & maintenance of large parking lot, walkways, grass, and landscaping). The NJ town within which this business resides recently granted it the right to be open on Sundays. This has resulted in a nice boost in sales and profits. Commercial development very close by will drive significantly more business to this salon and day spa for years to come. You would be wise to bring in a plastic surgeon to offer medical spa services to existing and new clients, many of whom would prefer to have these services performed nearer to the affluent suburbs where they live, rather than having to trek all the way into NYC. Please be very discreet when passing by this location, as the employees and customers do not know the business is for sale. Then, kindly contact the listing broker, Jay Goldman, to make an appointment to meet with the seller and get a full tour of the facilities. Please call 1-917-912-3282 for further information.

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. PM

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.