Description

  • High-end hair salon in a prime location for sale. Owner is absentee, Salon started in 2003. The current owner acquired this salon as an investor, but family issues are forcing a sale. This hair salon is full service and offers services and products such as haircuts, waxing, coloring, and beauty products with a talented team. This salon is very profitable as all stylists are commission-based, and their products have huge markups. A buyer with experience in the industry can increase revenue and profitability by choosing to be a stylist or hire more talent to attract more clientele and add more beauty products and services such as massage, skincare, and beauty products that cater to the clientele. Hiring additional stylists with great experience will also increase revenue as they can up-sell and cross-sell different services and products to increase overall spending per client. An experienced stylist in this industry can earn 50 to 60k a year after splitting fifty percent with the business; hiring talented and experienced stylists will be vital to growing this business. Currently, there is no marketing, mainly from social media such as Facebook and Instagram, but promotions can help acquire new clientele from untapped markets nearby. This is an excellent opportunity for a buyer looking for a business operating as an owner absentee or someone with experience in the industry to acquire a scalable business.
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Property Information

  • Listing Number: 12198
  • Business Type: Established Businesses
  • Business Category: Hair - Beauty Salon
  • State: New york
  • County: Nassau

Financial Information

  • Asking Price:$185,000
  • Gross Income:$540,000
  • Cash Flow:$80,504

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