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Listed by:

Range Brokers

Well Known Hair Salon With Unique Niche Market For Sale

Buffalo, New York
Asking Price:
$165,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$450,000 (USD)
Cash Flow:
$80,000 (USD)

The original company has been in business over 50 years and focuses on the cosmetology industry and has a solid footing in a market niche with little competition. The present owner acquired the Company ten years ago and increased market share with a second acquisition a year later. Significant changes to business strategy were addressed and resulted in stable sales during the economic recession. An active and involved owner with hair care experience, can make this business soar.

One-third of sales are from the traditional market. Two-thirds of sales are in the "niche" market which comprises 3 distinct market segments in WNY and possesses various licenses and marketing rights. The Company has a solid reputation for providing a needed product and service across numerous demographics.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Pursue other interests

Trading hours:

Tuesday - Saturday 9am-8pm

Employees:
4 FTE, 3 PTE
Years established:
51 years

Other Information

Support & training:

Seller will negotiate a transition period

Contact Information

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