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 firstname.lastname@example.org www.hershassociates.com
About the Business
Mount Laurel, New Jersey
Number of Employees:
35 FT, 5 PT
Building Sq. Ft.:
$1,470,000.00 Per Month
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.
Owner or managers will work with new owner//owners for a smooth Transaction.
To people in this Business.
Ad Detail Views:
Asking Price: $819,000 Gross Revenue: $1,922,200Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $4,200 not included in asking priceFF&E: $53,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
High End Beauty Salon in South Jersey, near Cherry Hill
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