Long Established Hair Salon and Spa - 14924

Financing

$60,000 Down and $30K over 4 years @ 7%

Business Description

***Motivated Seller - OWNER MUST SELL!*** The may be the nicest hair salon you will see on the market today. For the past 27 years, the current owner has been offering manicures, pedicures, waxing, hair cutting, styling, coloring and more. She is looking to slow down a bit and have more family time by selling the business. However, she still loves the work and her clients so she is willing to stay on as an employee with a new owner. This should make any buyer feel comfortable that they will have a very smooth transition and very little loss of customers or sales. There is an addtitional staff of 9 that would stay on as well. That includes 5 stylists, 1 receptionist, 2 nail techs, and 1 assistant. Most employees have been here for almost 15 years. There is plenty of room for growth as the salon is only open 5 days (Tu-Sat). An aggressive owner can really take this to the next level. It is fully turn key. Nothing needs to be updated. The 1,300 sq. ft. location must be seen. It is in a shopping center with parking for over 50 cars and a rent of only $2,300 per month (including taxes, maintenance, etc.) It does include 10 hair stations, 3 color stations, 3 dryer stations, 2 pedicure stations, 2 nail stations, 4 sinks, 1 wax room, and a bonus room with washer/dryer and slop sink. In 2009 gross sales were approx. $205,068.00 with a Net of approx. $44,890.00. If you have been in the industry and looking to break out on your own with minimal risk, this is your chance. Call or email Mel Vaz today at 631-909-1095 or mvaz@vestedbb.com.

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.