Salon For Sale

Union County, NJ

Styling Floor

Asking Price:$55,000

Cash Flow:N/A

Gross Revenue:$264,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:1993

Salon For Sale

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Business Description

Full-Service Salon

Established Salon/Spa for Sale. Recently remodeled, providing an inviting, serene, and professional atmosphere for our clients. Current staff of six includes: 4 creative and talented stylists (including owner), a highly-efficient and friendly receptionist, and a loyal, caring assistant - each offering impeccable service to our long-standing clientele. 23 years in prime location with plenty of parking. Owner looking to retire, but will stay on with negotiated terms.

Detailed Information

Real Estate:
Leased
Building SF:
1,380
Lease Expiration:
1/1/2019
Employees:
6
Facilities:
7 styling stations, 3 sinks, 3-chair color station, 2 dryers, 2 pedicure chairs, 1 manicure table, facial room, reception/retail area. All fixtures new with 2015 remodel.
Competition:
Salon is in newly-renovated and up-scale shopping plaza with plenty of parking. Mall features a bank, post office, popular farmer's market, and gym, drawing ample traffic throughout the day.New Providence boasts a brand new 55+ community opened in 2016, world-class Olympic swimming venue - both within blocks of business bringing more clients to the area.
Growth & Expansion:
Ability to add 3 more stylists, manicurist, and esthetician.
Financing:
Inventory to be negotiated.
Support & Training:
Owner willing to stay on as stylist (with negotiated terms) to ensure uninterrupted and steady client-flow.
Reason for Selling:
Owner looking to retire.
Business Website:
http://www.nickelstreetsalon.com

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Business Listed By:
Vincent Marmorato

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