Price Reduction on Profitable Salon

Maple Shade, NJ (Burlington County)

Seller Financing Available
Price Reduction on Profitable Salon
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Asking Price: Get Financing: $35,000

Cash Flow: $5,000

Gross Revenue: $10,000

EBITDA: $10,000

FF&E: N/A

Inventory: N/A

Lease Rate: $0.93 /SF/Month

Established: 2010

Price Reduction on Profitable Salon

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Business Description

Hair Salon on Sale in Popular Area

This hair salon is something that you don't want to miss. It is well established and located in a populated area. And it can be yours! Keep on reading... prepare to be amazed.
*Price Reduction: $45,000 to $35,000

Detailed Information

Real Estate:
Leased
Building SF:
1,300
Lease Expiration:
9/1/2018
Employees:
2
Facilities:
The strip mall offers quality parking, which is always a plus. The salon itself boasts two hair washing sinks, six hair stations, a bathroom, separate facial/massage room, front desk, and waiting room space. Everything is in average condition and eight years old.
Competition:
Gladly, there are not many hair salons in the area; there would not be any competition to worry about.
Growth & Expansion:
Currently, this hair salon offers many services regarding hair: haircuts, hair color, highlights, etc. We also offer facials, massages, waxing, and eyebrow threading. So there is not much growth that can be done there, however; remodeling the space and giving it a fresh look can bring many new customers in. Also, the salon has space for six people. Having a larger staff will attract myriad clients. With this much potential and an amazing spot right off a major highway, expansion is certain to happen for your newly owned business.
Reason for Selling:
This great space is too far away from home.
Franchise:
This business is an established franchise
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Business Listed By:
Renu Jain

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