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Executive Business Brokers

Established Salon In Mercer County For Sale

Mercer County, New Jersey
Asking Price:
$97,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100,000 (USD)
Cash Flow:
$71,865 (USD)

A well established full-service Hair and Beauty Salon on a major highway of an affluent town. Operated by an experienced sought after professional. The business enjoys a steady, loyal and satisfied patronage. A tastefully decorated and well-appointed facility with an inviting ambiance suited to a discriminating clientele, yet pleasant to make every client feel very comfortable and special. The business offers easy access and a spacious parking lot. An opportunity of a lifetime to own and operate a successful business and create a greater prosperity.

Property information

Real Estate:

Lease

Lease Terms:

4 years plus 3 5 year options

Leasehold Rent:

$36,000 (USD) per annum

Location:

A well-established full-service salon in an affluent town, located on a busy highway, offering plenty of parking on premises, spacious enough for steady expansion and loyal clientele

Size in square feet:
1,100

Business Operation

Expansion Potential:

Significant; the addition of workstations and aggressive marketing can increase revenue, converting to a seven-day operation can improve clientele

Competition / Market:

Negligible

Reasons for selling:

Relocation

Trading hours:

Closed Sun-Mon, Tue-Fri 10am-6pm, Sat 10am-5pm

Employees:
1FT, 1PT
Years established:
25

Other Information

Support & training:

2 weeks

Furniture / Fixtures value:
$15,000 (USD) - included in the asking price
Inventory / Stock value:
$1,000 (USD) - included in the asking price

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