Hair Salon Net $109,000-Only 10% Down
Relocatable, NJ Camden County
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- RE: Hair Salon Net $109,000-Only 10% Down
- Contact: Joe Chiarello
Quick Facts
| Asking Price: | $200,000 | |
| Annual Revenue: | $730,625 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $109,586 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1997 | |
| Employees: | 15 | |
| BBN Listing #: | 946446 | |
| Broker Reference #: | 3403-18367 |
Business Overview:
You only need 10% ($20,000) down to purchase this successful businesses! This business has already been lender approved. You will earn $78,640 (after paying loan) first year getting your 10% back in 3.5 months!
This beautiful Salon with a great location has a long standing reputation in the area appealing to all ages & types of clients. Their salon has a great “salon client” base that makes up for 24% of the revenue produced with walk in and call in clients not committed to any one service provider and are happy with various service providers.
- Average daily revenue produced with most present staff
- Great reputation : Within surrounding areas since 1997
- Location and surrounding demographics of mid-high average income levels
- Appearance: Salon is fresh, very clean and modern does not need any immediate changes.
- Owner willing to stay on for a long period of time if wanted
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Property Features and Assets:
Assets = $190,000
Reason for Selling:
Semi Retirement.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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