Elegant Hair Salon in Center of Town

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Great location!
Asking Price:
$250,000

Gross Revenue:
$713,449
Cash Flow:
$73,478
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$40,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

To purchase an established, upscale hair salon in the center of a busy Essex County town. The buildout looks like it belongs on 5th avenue in New York City it Currently has 5 stylists with plenty of room to grow. The owner will remain on staff at a 50% commission rate. He is selling the business so that he may concentrate on what he enjoys most, which is working as a stylist. He has a family, owns a home locally and will sign a contract to remain on staff. The buyer can be a stylist or an investor willing to assume the management role.

About the Business

Year Established:
2015
Number of Employees:
5
Real Estate:
Owned
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About the Sale

Reason For Selling:
Seller wants to remain as stylist

Listing Info

ID:
1559125
Ad Detail Views:
201

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$
months
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Business Listed by

Marc Lazarus

Transworld Advisors

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Memberships:
U.S. Census Data for Essex County, NJ
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Essex County, NJ
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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