Status: Off The Market
Professional full-service salon in a great northern Queens area where it has grown and flourished for 21 years. This fantastic modern facility has the beauty, the reputation and everything else needed to continue the growth that it has experienced from opening day in 1990! Closed Sunday and Monday and closed two weeks for vacation in the summer. Easily grow this business by opening more days and adding a website. It has a dedicated professional staff and loyal client following from years of great customer service. Owner would love to stay on and continue to help the new owner to grow the business, but just needs a little more time with the grandchildren. Unbeatable opportunity, great business, great location, great facilities, great staff, great clientele! Act now!
Facilities: 2 level front and back, each with it's own entrance. Rear, lower level has outdoor patio. Interior has 18 stations with full equipment necessary for full salon services to include hair, nails, pedicures, waxing, makeup and facials. Square footage: 2700 monthly rent: $9,000 lease security: $14,000 lease expire: 12/31/2016 option: 5 years
Market outlook and competition: exceptional market position with major growth opportunity. Business has been open since 1990 and is constantly growing.
Management training and support: seller will completely train and remain as long as necessary for a smooth transition.
Reason for selling:semi-retirement- owner wants to reduce his hours.
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|Industry:||Beauty Parlors & Barbershops|
|Classification:||United States // Middle Atlantic States // New York // New York (City)|
|Sales:||Between $1 Million And $2.5 Million ($1,100,000)|
|Profits:||Between $100 Thousand and $500 Thousand ($250,000)|
|Profit Type:||Seller's Discretionary Cash Flow (SDCF)|
|Asking Price:||Between $500 Thousand and $1 Million ($795,000)|