Renovated Nail and Hair Salon. Highly motivated owner retiring.

Poughkeepsie, NY

Seller Financing Available

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Asking Price:$350,000
Gross Revenue:$734,864
Rent:$3,387/Month
Cash Flow:$150,000
Inventory:$20,000
FF&E:$35,000
BUSINESS DESCRIPTION

Highly motivated retiring and Ready to Exit
Are you ready to take over a business with a built-in client base and growth potential?
The seller feels that she has grown the business to the limit of her abilities and feels it’s time for a new owner with more experience and motivation to take the helm. Features a modern design that attracts customers and enhances the in-store experience
Great investment opportunity. Extremely busy nail and Hair Salon in Populated Neighborhood. Fully trained talented staff. Full-service nail salon has been serving its local community for over a decade. It is surrounded by national and local retailers, restaurants, and offices. In addition, it's surrounded by a dense and loyal residential community that has been established over the years. This location offers ample parking in the rear. Beautifully renovated. Prime location.
Potential for increased sales with new management"


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Poughkeepsie, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,600
Lease Expiration
01/10/2028
Employees
19
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Sale includes all salon build-outs: flooring, furniture, equipment, pedicure chair 15 automatic massage new Table Acrylic , manicure 14 table , Local in the Hair different chair , Hair watch hair and Hair style break room with utility sink, microwave, refrigerator, security cameras, safe and marketing collateral.
Competition
Beautifully renovated
Growth & Expansion
It is a great opportunity to get into the beauty sector that is a recession proof business with 40% margins.
Financing
None
Support & Training
Open to discussion
Reason for Selling
Retirement
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Kingsley
Allison
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Kingsley Allison