Listing Number: 6842-880101
Description
Beautifully designed 16 year old two floor hair salon with 16 chairs and ceilings with chandeliers... 500k spent on buildout...Average client ticket is $150-200, around 90% of gross income coming from credit card transactions. Business is highly profitable and both owners of business do not even cut hair...only managing and performing book keeping/accounts receivables. BIG POTENTIAL to increase seller discretionary earnings, if new buyer is a hair stylist and brings in their clientele and if new owner is able to find more hair stylists to fill up all 16 chairs. The sky is the limit. Reach out today for more details!
Listing Details
- Price: $800,000
- Down Payment: $600,000
- Sellers Discretionary Earnings: $256,000
- Total Sales: $1,100,000
- Location: New York
- Inventory: $15,000
- FF&E: $150,000
- Employees:
- Year Established: 2007
- Reason for Selling: Other Business Interests
- Category: Beauty/Personal Care
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