Profitable Hair Salon located in Queens

Queens, NY (Queens County)

Profitable Hair Salon located in Queens
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Asking Price: Get Financing: $475,000

Cash Flow: $250,000

Gross Revenue: $900,000

EBITDA: N/A

FF&E: $250,000

Inventory: N/A

Established: N/A

Profitable Hair Salon located in Queens

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Business Description

This salon is ideal for an experienced stylist that wants to own a brand and expand on it or an investor familiar with beauty salons could step into a generous six figure income This profitable hair salon has everything a buyer could want: a very visible Queens location in a high traffic neighborhood, efficient floor plan with 19 chairs, four shampoo stations and a well-trained staff of experienced stylists, a solid reputation and an owner who is motivated to sell quickly. The owner works three days a week. The owner and staff have been satisfying very particular neighborhood residents with professional and quick service. Services include shampoo, haircut, blow dry, coloring, highlights, wig styling, perms, spa treatments and extensions. It has been the same ownership and location for over 11 years. Well known in the neighborhood and recommended by residents. The business has a great below market lease. The Business can be improved by harnessing new technology and applications to enhance the customer experience. A new owner can focus on fresh marketing strategies that will expand the customer base. The new owner can expect to be making a profit quickly because of the excellent, up-scale condition and full range of services and products sold at this business. Please refer to listing #13143 when inquiring about this listing.

Detailed Information

Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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Ken Stein

Business Listed By:
Ken Stein/Kensington Company

The Kensington Company

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