Services - Beauty & Barber Shops | Services - Other Personal Services

$Seller Financing Available

Asking Price	$850,000	Inventory	$37,000*
Gross Income	$1,346,000	Real Estate
Cash Flow	$104,000	Year Established	1974
FF&E	$194,000*	Employees	30 Full time

* included in the asking price

** not included in the asking price

This is a chain of four beauty salons in Monmouth and Middlesex counties. They all are in very active shopping centers which all have ample parking for their clients. The owner is not on site for all of the salons, but they are managed by a general manager. There are thirty hair stylists between the four salons, many of which have established a faithful repeat business. Services include haircuts and styling for men, women and children. Experienced professionals provide coloring applications, foil highlighting and perms. Additional services, such as manicures, pedicures and waxing are offered in most of the salons. The chain has been operating successfully for many years without much advertising. If a new owner would undertake a good marketing program it could take these salons to a new level. The owner need not be a licensed beautician, but have excellent management skills. This business also needs someone with good communication skills who is able to negotiate contracts with the beauticians and leases with the different landlords. The present owner has been operating and maintaining these locations for 34 years. Owner would like to retire.

Facilities: Four Locations

Seller Financing Available: Yes

Financing: Seller will negotiate financing

Support/Training: Seller will provide training

Reason Selling: Retirement