Growing Hair Salon
Bergen County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $75,000 |
$72,300 |
$27,185 |
Furniture and Fixtures Value:
$60,000 (included in the asking price)
Inventory Value:
$4,000 ( not included in the asking price)
Business Summary:
Attractive hair salon situated on very busy commercial street in Bergen County opposite mall with plenty of parking. This salon is increasing in volume ever since present owner took over from doormat operation. Work with 3 girls plus herself 1 shampoo/desk- salary, 1 manicurist and salary plus commission 2 hair dressers. One percentage (one is owner) Does 50 patrons weekly and increasing. Perm $80.00 and up. Most of cliental come from cultural European background. Large amount cliental from Edgewater, Fort Lee and New York: Plus some locals. Salon does very little advertising and promotion. Place has 3 stations plus manicure table area. Fashionable owner would stay on part-time for new buyer. Great lease goes up less than 1% a year and options can be obtained. For further information, please contact Vito Mastromonaco at 908-851-9040 Ext 285
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| Year
Business was Established: 1997 |
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| Facilities / Terms of Lease:
Great lease goes up $100.00 per year (less than 1%) and option can be obtained, street parking plus shopping center across street, has room for 2 more hair stations. |
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| Potential
Growth/Expansion:
Keeping present owner on part time and bringing in new cliental with advertising and coupons |
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| Competition:
Several other salons in area, all are busy and their own cliental |
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| Owner
willing to finance:
Owner would accept term on $20,000 balance due |
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| Owner
willing to train:
2 weeks- owner would stay on part-time for limited time. |
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| Reason for selling:
Owner wishes to return to college full time to ear her degree |
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| REQUEST MORE INFO |
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