High End Salon - 19451 Business Type: hair salon/ barber shop
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $140,000 | Down Payment | $100,000 |
| Gross Revenues | $350,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $162,400 | Number of FT Employees | Register Free to View |
Financing
$100,000 Down and $40,000 for 5 years @8%
Business Description
Long Island North Shore extremely high end hair salon for men & women. Established 50 years! This must see salon includes a Triple A top north shore location in busy hi-end shopping strip. This newly updated shop has state of the art equipment. Salon is only open 4 or 5 days a week. Famous seller & hair cutter will stay on long term for a few days a week, other staff will also stay working. This shop is well known by a few big talk shows and was featured on major news channels for its well known name. If you ever thought of owning a salon, this is the one. This shop has hundreds of professional and well known clients. Average color & cut is a few hundred dollars. This shop does no advertising, everything is word of mouth. Seller wants to cut hours to semi retire but will pass his fortune down to right person. This shop does no perms, relaxing or facials. Lots of room to grow. They do not get better than this one. Priced to sell with terms! Salon is next to major highway!
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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