Hair Salon For Sale in Suffolk County, NY
Suffolk County, NY

Financing: $85,000.00 Down and $35,000 for 3 years at 5%

Reason for Selling:other interest

Upscale Salon Available in Suffolk County. Full-service salon for sale. Prime location with great parking. This is a highly-regarded salon on a main street, in an affluent North Shore town. They have been established for over 20 years. The current owners are not stylists, and a buyer does not need previous experience. This location is fully staffed with upside. They have a spacious 2,200 sq. ft. space (with basement), 14 hair stations and 5 sinks. They currently have 6 stylists, with room to add at least another nine. There is a receptionist and assistant, as well. The current owners only come in 10-12 hrs/week to keep supplies stocked, pay bills, etc. They bought this store with the intention to build it up, sell it, and move onto their next project. Sales have been on an upward trend since they took over. Recent annual sales were $491.071, with a net cash flow of approx. $61,264.00 (for very part-time owners). This location is ideal for an owner/stylist, family or partners. The typical issue with a salon sale is maintaining the clientele if an owner is the stylist. That problem does not exist here. There is also upside in the addition of extensions, nails, make-up, Esthetician, etc. We are seeking a serious and financially qualified buyer with at least $80K in liquid funds to cover the down payment and inventory. To learn more, please call Broker Jim Aloi 631-375-4100 All site visits must be discreet- do not mention the sale when visiting the location. Seller can earn another 33k yearly by taking over reception.

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