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Full Service Salon in Upscale Community

Union County, NJ

Full Service Salon in Upscale Community
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Asking Price: $125,000

Cash Flow: $92,172

Gross Revenue: $506,534

EBITDA: N/A

FF&E: $25,000

Inventory: $2,500

Established: 1998

Full Service Salon in Upscale Community

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Business Description

Well established - Low Low Price!!

Full service salon with a stable client base in an up-scale Union County community. Services include haircuts and styling, color and chemical treatments, manicures and pedicures. Makeup, waxing, facials and massage services are offered within private rooms. Hair products and jewelry is also available for sale.

Large salon (2200 sq ft) has 17 hair, 3 manicure, 2 pedicure and 3 hair washing stations and even a private shower. Conveniently located on a main street in a busy shopping complex, there is ample free, off-street, parking available for customers.

Owner is retiring but willing to stay on to retain clients. Don’t miss seeing this turn-key operation – everything is already in place!

Detailed Information

Location:
Union County, NJ
Inventory:
Included in asking price
Employees:
13 FT/6 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2200 sq ft of leased space in a busy shopping plaza with free, off-street parking.
Competition:
There are several competitors in the area. This business has an established clientele. The free parking is a competitive advantage as well.
Growth & Expansion:
The business does minimal marketing in a very transient town. There is a significant opportunity to grow by attracting new clients through online marketing and coupons.
Support & Training:
Will train for 2 weeks @ $0 cost. Hair salon is fully licensed. Hairstylists and other technicians responsible for individual licenses.
Reason for Selling:
Semi - Retirement. The owner will continue as an employee.
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Cheryl Venezia

Business Listed By:
Cheryl Venezia

Murphy Business Sales

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Sponsoring Broker:
Russell Miller

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