Hair Salon Net $109,000-Only 10% Down

Camden County, NJ
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Asking Price:$200,000
Gross Revenue:$730,625
FF&E:$100,000
Cash Flow:$109,586
Inventory:$20,000
Established Year:1997
BUSINESS DESCRIPTION

Hair Salon Net $109,000-Only 10% Down

You only need 10% ($20,000) down to purchase this successful businesses! This business has already been lender approved. You will earn $78,640 (after paying loan) first year getting your 10% back in 3.5 months!!

This beautiful Salon with a great location has a long standing reputation in the area appealing to all ages & types of clients. Their salon has a great “salon client” base that makes up for 24% of the revenue produced with walk in and call in clients not committed to any one service provider and are happy with various service providers.

Average daily revenue produced with most present staff
Great reputation : Within surrounding areas since 1997
Location and surrounding demographics of mid-high average income levels
Appearance: Salon is fresh, very clean and modern does not need any immediate changes.
Owner willing to stay on for a long period of time if wanted


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,333
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Lender pre-screeed with $20K down.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
Semi Retirement.
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Joe
Chiarello
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Joe Chiarello