• Listing ID: 1251608
  • (Seller ref: 1279)

Up Scale Hair Salon In Cumberland County For Sale


Location:
Category:
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Asking price:
$189,500 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
$422,000
Cash flow:
Available on request
Years established:
1997
Employees:
4 Full Time / 7 Part Time

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The salon is not your everyday hair salon it’s a rejuvenation studio. The owner / operator has worked to increase and keep the client data base growing on a consistent bases. This upscale salon has a substantial base of satisfied customers who come from the immediate area, but also from surrounding areas to receive the expertise of their professionally trained staff. The client is always treated to a relaxing experience at this salon. Each visitor can expect to be pampered during their visit. This full service salon is able to meet all the clients’ needs from hair, nail and massage therapy to tanning, skin care and make-up services. This truly is a one stop shop. The client can enjoy refreshments which include tea or coffee...or a glass of wine to relax and enjoy the total experience! The professionally trained staff can provide consultations for various styles and coloring procedures. Appointments with the stylists are preferred, but walk-ins are always welcome. The area around this location is a great mix of business, retail and residential communities and continues to grow.


Real Estate:
Lease
Leasehold rent:
$2,887 per annum
Location:
The Salon leases approximately 3,380 square feet of salon space in a strip mall that is conveniently located. The current term on the lease expires in 2014 however the lease has a renewal option. The current lease is rate is $2,887 per month with no cams. All T equipment is high quality, well maintained and are the latest technology. There are (8) styling stations. (1) tanning bed (1) infrared sauna (1) massage therapist station/room (1) nail & pedicure station/room. Open area in the reception area is warm.

Expansion potential:
This is a successful hair salon with the capacity for expansion and growth by adding more stylists. The location is convenient and well established. This current strip mall has full occupancy and an expanding Giant food store and restaurants across the street. This is a unique opportunity for someone to take ownership of a 14 year establishment with an extensive customer base and track record.
Reasons for selling:
The owner wishes to retire and has health issues.
Trading hours:
Monday: 11:00am to 5:00pm, Tuesday - Thursday: 10:00am to 7:00pm Friday: 9:00am to 5:00pm Saturday: 9:00am to 2:00pm
Financing available:
The Seller is not offering to finance the purchase price. Commercial financing is available with a local bank lender under the SBA small business loan program. We will assist a buyer with loan proposal development to secure financing at no fee to the buyer.

For more information about this business for sale, click the Contact Seller button.


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