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Salon & Hair Replacement Therapy

Suffolk County, New York

Asking Price: Gross: Cash Flow:
$199,000 $253,842 $104,933

Furniture and Fixtures Value:
$7,540 ( not included in the asking price)

Inventory Value:
$102,000 ( not included in the asking price)

Business Summary:
LISTING ID # 35980A unique opportunity to own a Hair Salon specializing in non surgical hair replacement services for men and women as well as medical prosthetics , higher end fashion wigs and hair extensions. Price Reduced! This salon also serves men and women in all phases of hair cutting, coloring and keratin treatments. The owner is seeking to sell after 40 years in the industry. The business is fully equipped with all stock, inventory (over $100K) and equipment included in the asking price. It is has four private studios, its own waiting room/ lobby as well as a smaller waiting area inside the salon. There is an elevator and stairwell to accommodate guests. There is plenty of parking with a front and back entrance to the building. It is run by a salon software program keeping everything at ones fingertips. It is conveniently located in the heart of the high traffic area. The business is owned and operated by a fully trained and certified operator in this field. She is willing to stay on for a lengthy training and transition period to help any new owner. In fact, she would even work on part-time basis after sale. Other staff members are willing to stay on as well. In the past year, the business generated an owner’s cash flow of approx. $104,933.00. The salon has a loyal and dedicated client base with repeat business. It has four types of clients, monthly serviced hair replacement, wig clients, cut and color and hair extension clients with the capability of expanding services as well as revenue. Hair Replacement is a rapidly growing business with tremendous potential for someone who can take it to the next level with strategic marketing and additional service development. We are seeking a serious and financially qualified buyer with at least $120K in liquid funds to cover the down payment. Proof of funds will be requested before any meetings with the owner can be made. All site visits must be discreet. All meetings must be made by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or [email protected] addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35980 for instant access to this business information.

 
   
   
Year Business was Established: 2012
   
Number of Employees: 1 FT/1 PT  
   
Owner willing to finance: Yes  
   
Owner willing to train: Seller will train  
   
Reason for selling: Retirement  
 

 

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