High End Beauty Salon in South Jersey, near Cherry Hill

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Business Description

High end full service salon with a committed and loyal staff and clientele. Consistently growing for more than 10 years, now. Large updated facility with plenty of room to continue growing. Located on a major busy state highway in an extremely affluent area in South Jersey. Regular repeat business as well as a large amount of new walk in traffic on a daily basis. Great reputation in the community. Full service hair care, nail & skin care, make-up and waxing services. Large retail area which not only offers the greatest professional beauty products but also does a great women's clothing & accessories business as well. Current owners continue to support and grow the business. Solid customer service team in place as well as a stable supporting assistant staff and future productive employees in training. Completely turnkey and is currently generating an average of $40,000 of weekly business.
Landlord is great to deal with and extremely responsive to any issues.

Contact : Gary Hersh & Associates, for a confidential showing.
Call 215-322-2800 gary@hershassociates.com www.hershassociates.com

About the Business

Location:
Mount Laurel, New Jersey
Year Established:
2005
Number of Employees:
35 FT, 5 PT
Real Estate:
Leased
Building Sq. Ft.:
2,800
Rent:
$1,470,000.00 Per Month
Market Outlook/
Competition:
There are several High End Beauty Salon's in the area. However, they have all been there for many years. If your in this Industry, this is perfect to add to your shop for a second Location. This is also for an absentee owner with Retail Biz Experience. Present owner is in another Business.
Growth & Expansion:
They also sell women's clothing, accessories, professional beauty products and have nail & skin care, make up, & waxing services.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Owner or managers will work with new owner//owners for a smooth Transaction.
Seller Financing:
To people in this Business.

Listing Info

ID:
1351220
Ad Detail Views:
1089
Asking Price:
$819,000

Gross Revenue:
$1,922,200
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$4,200
not included in asking price

FF&E:
$53,000
included in asking price

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Business Listed by

Raymond J. Barbiere

The Oxford Capital Group, Inc.

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