Long standing, hair salon in busy area

Middlesex County, NJ
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Asking Price:$59,995
Gross Revenue:$135,000
Rent:$2,400/Month
Established Year:1995
Cash Flow:$210,000
Inventory:$1,500
FF&E:$30,000
BUSINESS DESCRIPTION

Less then building out. Great location

This 25+ year hair salon is located in a prime location in a densely populated area of central NJ and ready for the next owner-operator. Turn key operation with 8 stations, two wash stations, separate wax/facial room. Current owner is willing to stay on a part-time basis if needed. Jump on this asset sale as it is much more expensive to build one out.


DETAILED INFORMATION
Location
Middlesex County, NJ
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,200
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Excellent location and turn key operation. Plenty of space to add.
Growth & Expansion
Excellent location and turn key operation. Plenty of space to add nail technician/waxing, etc. Currently has 8 stations. Currently closed 2 days a week, can maximize revenue by opening additional 2 days.
Support & Training
# of Weeks Seller Will Offer Training: 2
Reason for Selling
Retirement
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David
Guirguess
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David Guirguess