Beauty Salon - Needs Energy to Create Volume

Nassau County, NY

Hair Salon, Beauty Salon

Asking Price:$49,000

Cash Flow:$30,000

Gross Revenue:$145,000





Beauty Salon - Needs Energy to Create Volume

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Business Description

Located in a diverse strip-center in eastern Nassau County, this salon has great exposure to foot-traffic as well as motor-vehicle traffic. The current owner is ready to take a step back and allow this location to prosper under new ownership and guidance. In addition to the owner, there are 2 stylists, and 2 assistants working in the shop. Over the past few years, this salon as accrued over 800 clients in their database. This salon is an exceptional opportunity for an eager, first-time salon owner to pursue their dream. The salon is clean, neat, and has plenty of room for growth.

Detailed Information

Included in asking price
At 2,000sq' this salon is large enough to do healthy sales volume but small enough to keep overhead down and expenses at a comfortable level. Rent is currently $2,500/month with a 3% annual increase. The lease has time remaining plus an option that would run through June 2024. This salon features 6 styling stations, 3 wash stations, and 2 dry stations.
Growth & Expansion:
You can not build a salon with less money that it would cost to buy this business. Although there are currently sales and profit here, this is a great 'starter' salon for a stylist looking to own their future.
Support & Training:
In addition to 2 weeks of training, the owner is willing to stay active and work a few days a week to help smooth the transition.
Reason for Selling:
Partial Retirement

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Ryan Kelly

Business Listed By:
Ryan Kelly

Transworld Business Advisors

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