Long Established Hair Salon and Spa For Sale 14924

27/wk

***Motivated Seller - OWNER MUST SELL!*** The may be the nicest hair salon you will see on the market today.  For the past 27 years, the current owner has been offering manicures, pedicures, waxing, hair cutting, styling, coloring and more.  She is looking to slow down a bit and have more family time by selling the business.  However, she still loves the work and her clients so she is willing to stay on as an employee with a new owner.  This should make any buyer feel comfortable that they will have a very smooth transition and very little loss of customers or sales.  There is an addtitional staff of 9 that would stay on as well.  That includes 5 stylists, 1 receptionist, 2 nail techs, and 1 assistant.  Most employees have been here for almost 15 years.  There is plenty of room for growth as the salon is only open 5 days (Tu-Sat).  An aggressive owner can really take this to the next level.  It is fully turn key.  Nothing needs to be updated.  The 1,300 sq. ft. location must be seen.  It is in a shopping center with parking for over 50 cars and a rent of only $2,300 per month (including taxes, maintenance, etc.) It does include 10 hair stations, 3 color stations, 3 dryer stations, 2 pedicure stations, 2 nail stations, 4 sinks, 1 wax room, and a bonus room with washer/dryer and slop sink.  In 2009 gross sales were approx. $205,068.00 with a Net of approx. $44,890.00.  If you have been in the industry and looking to break out on your own with minimal risk, this is your chance.  Call or email Mel Vaz today at 631-909-1095 or mvaz@vestedbb.com.

Seller Financing:

$30K over 4 years @ 7%