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Hair,Nail&Skin Salon - Motivated seller will hold paper!

Connecticut (New Haven County)

Services - Beauty & Barber Shops | Services - Other Miscellaneous services

$Seller Financing Available

Asking Price $87,000 Inventory $5,000* 
Gross Income $170,000 Real Estate  
Cash Flow $79,800 Year Established 2000
FF&E $17,700* Employees 4

* included in the asking price

** not included in the asking price

Very busy up-scale salon in beautiful space. Large existing customer base, lots of walk-in traffic in very nice neighborhood. In business 9 years. Room for growth: limited marketing and advertising efforts to date leave enormous upside potential for new owner. Already fully staffed but with additional un-utilized space and stations to add more stylists as demand continues to grow. Word of mouth reputation, repeat business and client referrals keep the salon chairs and waiting area occupied and the appointment calendar fully booked. Beautifully furnished and equipped - very recently updated and re-decorated. Located in high density area which is both business and residential. Totally turn-key opportunity. The business also does brisk retail sales of salon products. Verifiable revenues, expenses and net numbers. Excellent lease and reasonable rent. Motivated seller owner will hold paper. Priced for a quick sale.

Facilities: Completely turn-key, no additional investment necessary beyond the very reasonable purchase price. Located in a busy upscale area near residential properties. Excellent lease and reasonable rent. Near several major thoroughfares.

Competition: Room for growth: limited marketing and advertising efforts to date leave enormous upside potential for new owner. Already fully staffed but with additional un-utilized space and stations to add more stylists as demand continues to grow. Word of mouth reputation, repeat business and client referrals keep the salon chairs and waiting area occupied and the appointment calendar fully booked.

Growth/Expansion: Can grow business by increasing advertising, direct marketing, adding stylists and maintaining or expanding current hours of operation to accommodate robust demand for services in this affluent and busy neighborhood.

Seller Financing Available: Yes

Financing: Financing from seller:50% of list price

Support/Training: Available at no additional cost to buyer for a limited time which is negotiable. Owner wants to retire from running busy retail operation and associated business & employee management responsibilities, but is eager to see new owner succeed and as such is willing to be available upon request in order to help facilitate necessary introductions and a smooth transition.

Reason Selling: Owner wants to retire from running busy retail operation and associated business

Business For Sale By

Jeff Swiggett

203-772-3773

VR Business Brokers

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