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Salon & Day Spa

Morris County, New Jersey

Asking Price: Gross: Cash Flow:
$650,000 $2,818,092 $275,705

Furniture and Fixtures Value:
$98,500 (included in the asking price)

Inventory Value:
$50,000 ( not included in the asking price)

Business Summary:
Recognized by A & Glamour Magazine as one of the top salons in the country. Full service salon has been in business for 34+ years and operates out of 3,000 sq.ft. plus 2,000 sq.ft. on 2nd floor. Seller will stay on for smooth transition. This is a well organized & computerized turnkey operation with an outstanding website. Open 5 days a week. Best beauty & spa treatments. Outstanding marketing team supported by appointment request, reviews, app sharing via social web sites, customer feedback, checking appointment status, svc menu, mobile referral program, gift cards, click to call & special offerings. Intercoiffure Award for Faithful Service, Shining Stars Award, Educator of the Century Award. Excellent Men's Grooming. Event Hair Dressing and Up Do's Eyelash Extensions.and Human Hair Extensions.

 
   
   
Year Business was Established: 24
   
Number of Employees: 39  
   
Facilities / Terms of Lease: Beautiful and efficient facilities. 3,000 sq ft on 1st floor and 2,000 sq ft on 2nd floor. Very well organized to provide efficient facilities for all phases including design, trim and cutting, color, styling, nail salon, curl relaxing, keratin smoothing, body or texture waves, manicures, pedicures, hair removal, facials and make up. A complete men's grooming department is maintained.  
   
Potential Growth/Expansion: Salon is presently closed on Sunday and Monday presenting a significant opportunity to expand hours open and revenue.  
   
Competition: Upscale Salon has very limited competition in the area.  
   
Owner willing to finance: Yes  
   
Owner willing to train: Yes  
   
Reason for selling: Retirement  
 

 

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