Legendary Hair Salons

Queens, NY (Queens County)

Legendary Hair Salons

Asking Price:$500,000

Cash Flow:$150,000

Gross Revenue:$1,175,000




Rate/Sq. Ft.:N/A


Legendary Hair Salons

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Business Description

Once and life time opportunity to own a legendary salon that has been in business for 62 Years!!!

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Giuseppe Gregorio

No Broker Fee

Detailed Information

Included in asking price
Real Estate:
Building Sq. Ft.:
Lease Expiration:
2 Locations in Queens Location 1 14 Station 14 Chairs 3 Shampoo Lease Expires 2023 - $8500 Month 5% Increase Rental Income $2800 Month(Laser Facial Tattoo) Location 2 20 Stations 20 Chairs 3 Shampoo 9 Years Left on Lease $11,500 Month 5% Increase Rental Income $3500 Month (Store Manicure Laser)
Both Locations are located on a busy roads. The name is legendary in the industry. Lease rates on these streets are demanding double!
Growth & Expansion:
Owner has been absent for many years. 2 Other Locations Available - Franchising the name and purchasing the other 2 Locations
Support & Training:
Owner is absent 2 Managers and Full Staff As needed!
Reason for Selling:
Owner is Retiring After 62 Years in Business

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Giuseppe Gregorio

Business Listed By:
Giuseppe Gregorio

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