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Cash Flow Rich Hair Salons (Multiple Locations) For Sale

Northern New Jersey, New Jersey
Asking Price:
$1,290,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,450,000 (USD)
Cash Flow:
$450,000 (USD)

This well-known unisex hair salon located in Northern New Jersey has seven locations plus office and warehouse space. Services offered include traditional services like styling, haircuts and waxing.

It is projected that a new owner will obtain additional growth by expanding the direct mail efforts with a minimal investment of $4k. The company projects a revenue growth rate under such premise of 10%+ per year.

The company has been fully reviewed and conservatively appraised by a well-known national valuation firm at 3.5x SDCF (ttm). A full valuation report is included in the prospectus. There is $18k in Net Working Capital and another $361k in Fixed Assets included in the deal. By implementing the proposed deal structure an owner operator will obtain more than $260,000 benefit in after-acquisition-debt cash flow in Year #1 - 70% return on equity investment.

(ALL DATA BASED ON SIGNED TAX RETURNS)

Property information

Real Estate:

Lease

Location:

Seven locations plus office and warehouse space.

Business Operation

Expansion Potential:

It is projected that a new owner will obtain additional growth by expanding the direct mail efforts with a minimal investment of $4k. The company projects a revenue growth rate under such premise of 10%+ per year.

Competition / Market:

The salon enjoys a competitive advantage by providing consistently high quality services to a stable and loyal customer base at great prices. In addition, the existing team of experienced stylists and technicians has been there for over 20 years serving families in this very affluent community. Moreover, existing capacity allows for significant growth of nail salon to capture existing demand not addressed.

Reasons for selling:

Other Business Interest

Employees:
40+
Years established:
12+

Other Information

Support & training:

A comfortable two month transition period will be provided by an owner who truly wants to see the business reach its maximum potential. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$0.9m Seller financing subject to buyer qualification

Furniture / Fixtures value:
$361,000 (USD) - included in the asking price
Inventory / Stock value:
$18,000 (USD) - included in the asking price

Contact Information

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