MergerPlace

Hair Salon & Coloring-14 Yrs Strong

New Jersey (Monmouth)


  • Asking Price: $180,000
  • Gross Income: $364,299
  • Cash Flow: $57,958
  • Real Estate: Not Disclosed
  • Inventory: $23,250
  • FF&E: $80,000
  • Listing ID: #213994
  • Established: 2006
  • Employees: 4 PT

Business Description

THE HEART OF TOWN: Beautiful Hair and Color Salon located on the main strip of town with storefront views, 8 chairs, a waiting area, receptionist are, and mixing/coloring room. Fully stocked inventory for coloring. The business has been a local gem for almost 15 years and has deep roots to its community, with a solid retention rate and a talented staff with strong followings. Very reasonably priced rent/lease. Perfect for a local stylist to own and operate.


Business Details

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

Company Information

Year Established: 2006
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 PT

Financial Information

Asking Price: $180,000
Gross Revenue: $364,299
Cash Flow: $57,958
FF&E: $80,000
Inventory: $23,250
Seller Financing Available: No

Property Information

Facilities:

1400 sq ft leased space with room for 8-10 chairs, small waiting area and coloring/mixing room.

Growth & expansion opportunities:

The potential for growth is massive. The foot traffic that walks by this space is unparalleled, and there is room to advertise and add to the digital marketing that this company has started just a few years ago.

Competition:

There is several barber shops on the main strip of town, however this is one of the few places that is a full service hair salon. It is also the longest standing hair salon for women in town.

Reason for selling:

Owner is preparing for retirement.

Support & Training:

Will train for 2 weeks @ no cost Full Color Bar included. Cosmetology License is required for an owner/operator.

Contact Business Seller

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Business Listed By:

Phil Zanardi

Murphy Business Brokers