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Business for Sale Summary

Mens Grooming Salon in Union County, NJ - 30254

Business Type: retailing businesses,service businesses,misc. servicel/non-classifiable,other business services,hair salon/ barber shop
Mens Grooming Salon in Union County, NJ
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This business has received 21 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $179,000 Down Payment $159,000
Gross Revenues $362,000 Lease Remaining Register Free to View
Owner’s Cash Flow $72,000 Number of FT Employees Register Free to View


$159,000 Down and

Business Description

A men's salon, located in Union County, New Jersey, has come on the market. This is a high-end, franchised salon, located in an upscale community that caters to men of all ages. Services provided include haircuts, shampoos, facials, straight-edge shaving, hot towel, steam, hand treatments and children's haircuts. The atmosphere is warm and friendly. Despite the absence of the owner, this salon's business is growing, with greater growth still to come. Growth, to date, has come through word of mouth. Social media and print advertising are very light. The sale of men's hair products, shampoos and shaving creams is very light for a salon of this size reflecting the limited product line, point of sale display and the absence of the owner and resultant employee lack of emphasis. Chairs are available and there is considerable capacity to add more Hair stylists particularly on weekends. Gentlemen Choice combo shave, haircut and exfoliation facial treatment services have recently been added and is being well received. Prices are low in this well-to-do community and a ten percent raise is quite likely. Finally, hands-on ownership is a must for the growth of this, like any business. Great growth now, even greater growth to come, and a wealth of support from a national chain mark the sale of this seven-year old business.

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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.