MergerPlace

Full Service Salon - Only 25% Down

New Jersey (Morris)


  • Asking Price: $899,900
  • Gross Income: $3,285,036
  • Cash Flow: $244,790
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $550,000
  • Listing ID: #199620
  • Established: 1997
  • Employees: 33 FT/29 PT

Business Description

This extremely busy, profitable, full-service salon (offering hair, nail, skin services and much more) has earned a strong reputation during its 20 years in business. Excellence in all facets of the business has been the mission of the team at this salon and they are succeeding as demonstrated by their loyal clientele. It's currently being run absentee with a full crew in place. This is a great opportunity for an investor or hands on owner. The numbers tell the story!


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: New Jersey
County: Morris

Company Information

Year Established: 1997
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 33 FT/29 PT

Financial Information

Asking Price: $899,900
Gross Revenue: $3,285,036
Cash Flow: $244,790
FF&E: $550,000
Seller Financing Available: No

Property Information

Facilities:

Located in a busy strip center with plenty of parking. 3,200 sq ft.

Growth & expansion opportunities:

By adding more service providers this business can grow even more.

Reason for selling:

The owner is retiring.

Contact Business Seller

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Business Listed By:

Joe Chiarello

Murphy Business Brokers