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Par Excel Lance Beauty Salon

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$335,000 $847,479 $217,326

Furniture and Fixtures Value:
$175,000 (included in the asking price)

Inventory Value:
$10,000 ( not included in the asking price)

Business Summary:
Established Essex County salon has been an icon to the area for many years. This 5,000 sq. ft. space is set up on three levels to give a relaxing feeling to the clients and staff. There are total of 21 employees and also included in the salon are 17 stations, 7 color stations, 2 blowing drying stations, 4 nail stations and 1 facial room. Staff is professionally trained with on going education in hairstyling, coloring, eveningwear, make-up, kearatin, etc. Excellent opportunity for hairstylist or anyone in the beauty business. ENTER INTO A HAIR SALON THAT CATERS TO THE UPPER ECHELON CLIENTELE. Located in the wealthiest area of NJ. Does full line of professional work to enhance the appearance of all patrons – noted within area as the place to go for a different appearance. Owner does only 16% of business for himself. New buyer should have a background in this business. When entering into this hair salon, a client has the feeling of being in a made-up/make-up Wonderland where everyone turns our BEAUTIFUL. Municipal metered parking lots are next door and across the street. For further information please contact Vito Mastromonaco at 908-851-9040 Ext. 285.

 
   
   
Year Business was Established: 2001
   
Number of Employees: 21  
   
Facilities / Terms of Lease: One of a kind hair dressing emporium tastefully furnished, metered parking area abound. Everything including all adornments make this place’s atmosphere bring in a make believe situation  
   
Potential Growth/Expansion: As with all salon hiring stylist from different local areas to build up new patrons  
   
Competition: No salon in the area can compete with the atmosphere offered internally by this establishment  
   
Owner willing to finance: Owner wants $200,000 down and would finance $135,000 at negotiable interest rate  
   
Owner willing to train: Two weeks  
   
Reason for selling: Owner burnt out and wishes to get involved in another business  
 

 

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