Very Profitable Barber Shop/Adjacent Salon In Heavily-Traveled Area
Somerset County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $129,000 |
$190,000 |
$109,280 |
Furniture and Fixtures Value:
$30,000 (included in the asking price)
Inventory Value:
$1,000 (included in the asking price)
Business Summary:
Beautifully renovated barber shop & adjacent Kopela Salon located on a main highway. Has a 5 star Google rating. Section is home to several large pharmaceutical companies, & their clients consist of many businessmen. Owners will provide a list of 600 + clients who are consistent customers. Sale is due to husband & wife relocating out-of-state. Barbershop has 3 stations; salon has 2. Plenty of Strip Mall parking. Sales: Barber Shop 80% & Salon 20%.Hair salon does hair & coloring, & provides manicure & pedicure services. Pedicure massage chair is included in sale. Furniture, Fixtures, & Equipment of $30K is included too. $25K is added to the payroll to cover replacing one owner runs Salon. Landlord will offer a long term lease to a qualified buyer. Contact Seth Kain @ 201-317-4710.
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| Year
Business was Established: 9 |
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| Number of Employees:
2 |
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| Potential
Growth/Expansion:
A new owner has enough room to put in 2 or 3 additional stations, and hire 2-3 hairstylists to increase revenue substantially. With more stations, a new owner should do additional advertising and promotion. This would bring more local businessmen to the barbershop, and more women to the hair salon. |
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| Competition:
There is minimal competition in the entire town. This business is unique for the area due to the combination barber shop and hair salon. The salon does manicure and pedicure services. This makes it very convenient for area women. |
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| Owner
willing to finance:
There is no owner financing available at this time. |
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| Owner
willing to train:
The seller will provided a minimum of two weeks of training. |
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| Reason for selling:
The owners are relocating out-of-state. |
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| REQUEST MORE INFO |
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