Listing ID: 41016

Business Overview

  • Located in the center of many small businesses, shopping areas and residential homes, easily accessible from highways
  • Situated within one of the most affluent postal codes in the state, with new customers moving into this suburb every year.
  • Well-established in this location for 14 years.
  • The store has recently undergone renovations and has a stunning aesthetic redesign. Owner spent close to $200k in improvements
  • 1,500 SQ FT space with 14 chairs.
  • Landlord is willing to provide a long term 10 year lease with a (2) 5-year option. Or even a 15 plus (2) 5 year options.
  • Salon attracts approximately 150 NEW clients each month.
  • Empty small room in the back of Salon available for potential aesthetician, barber, make up artist, eye lash tech etc. Can sublease space for $1,000 a month for this space if need be.
  • Business is currently CLOSED on Mondays, Saturdays, as well as Friday evenings due to owner’s religious beliefs which is an immense value add opportunity for an ambitious new operator
  • Net Profit 2023: $500k

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $625,000
  • Cash Flow: $350,000
  • Gross Revenue: $1,702,380
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Cooperating Broker of Record

Jason Green

SFR Realty, LLC

New York - 10301222535