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Business for Sale Summary

Unisex Salon. Hair & Nails in New York - 36192

Business Type: assets only sale,health/beauty/nutrition supply,misc. retail/non-classifiable,misc. service/non-classifiable,must sell/drastic price reduction!,nail salons,other business services,other personal services,hair salon/ barber shop,spa / dayspa / skin care
Unisex Salon. Hair & Nails in New York
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Financial Information (non-confidential)

General Information
Asking Price $110,000 Down Payment $110,000
Gross Revenues $150,000 Lease Remaining Register Free to View
Owner’s Cash Flow $75,000 Number of FT Employees Register Free to View

Financing

$110,000 Down and Negotiable.

Business Description

Unisex Hair Salon in Prime Location. This location is in a fantastic strip center with plenty of street parking. They offer unisex hair styling and cutting, color, conditioning and much more. The space is 1,000 sf. with 2 floors. 4 hair chairs, 2 sinks, 2 pedicure stations and 1 mani station on the main floor. On the lower level there are 3 treatment rooms for massage and wax. One is current subleased to an acupuncturist for $1K/mth. There are 9 years left on the current lease at a rent of $3,090/mth. The business currently has a staff of 4 employees, 2 mani-pedi and 2 stylists. The build out cost for a space like this would be over $250K. In the past year the business grossed over $150K with an owner’s cash flow of $75K. You can convert it to a full salon or a mani-pedi location. It is up to you. The seller is motivated and negotiable on the listed price of $110K. We are seeking a serious and financially qualified buyer with at least $110K in liquid funds. This is ideal for a stylist, owner-operator, 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 can be scheduled by appointment, after providing proof of funds.

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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.