Elegant Hair Salon in Center of Town

Essex County, NJ

Elegant Hair Salon in Center of Town
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Asking Price: Get Financing: $250,000

Cash Flow: $73,478

Gross Revenue: $713,449

EBITDA: N/A

FF&E: $40,000

Inventory: $5,000

Real Estate: N/A

Established: 2015

Elegant Hair Salon in Center of Town

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Business Description

Great location!

To purchase an established, upscale hair salon in the center of a busy Essex County town. The buildout looks like it belongs on 5th avenue in New York City it Currently has 5 stylists with plenty of room to grow. The owner will remain on staff at a 50% commission rate. He is selling the business so that he may concentrate on what he enjoys most, which is working as a stylist. He has a family, owns a home locally and will sign a contract to remain on staff. The buyer can be a stylist or an investor willing to assume the management role.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Reason for Selling:
Seller wants to remain as stylist
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Contact the Seller

(from currently available funds)
 
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Marc Lazarus

Business Listed By:
Marc Lazarus

Transworld Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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