Unisex Salon. Hair & Nails in New York

Queens County, NY
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Asking Price:$110,000
Gross Revenue:$150,000
Established Year:2022
Cash Flow:$75,000
FF&E:$75,000
BUSINESS DESCRIPTION

LISTING ID # 36192

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. 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.


DETAILED INFORMATION
Location
Queens County, NY
Inventory
Not Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Not enough time to be there.
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd