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Listed by:

Regal Consulting Corp.

Beauty Spa In Morris County For Sale

Morris County, New Jersey, US
Asking Price:
$150,000 Inventory / Stock included
Sales Revenue:
$250,000
Cash Flow:
$55,000

Cosmetic salon which provides threading, waxing, facials, and brow and lash enhancement services to their many exclusive clients.

They service the various towns in Morris County including East Hanover, Livingston, Morris Town, Florham Park, Whippany, Parsippany, and the surrounding municipalities.

This business opportunity is one year new and is now available due to the owner’s family changes and full-time work responsibility.

Although the company is a franchise, we believe the business can be purchased without franchise requirements.

The company offers many personal services including eyebrow and facial threading which is the fastest-growing alternative to facial waxing or depilatory creams.

Threading is a wonderful service for those looking for a precise hair removal treatment that can shape the brows.

This is a dependable, safe business opportunity, and based on the asking price, required down payment, and yearly net income, this business expects to supply a consistent return on investment to the owner operator.

Property Information

Real Estate:

Lease

Lease Terms:

Lease and terms; this business transaction will offer an assignable commercial lease which expires 2032-01-01, plus additional options available, with a monthly rent of $4,036 all in, cost per square foot is approximately $40.00 and rent security is required.

Leasehold Rent:

$48,432 per annum

Lease Rent:
$39 per sq ft per annum
Location:

The business is located in an affluent community of Morris County, New Jersey with continued demand for their services. This salon has an excellent commercial location servicing numerous communities with continued need for this personal service.

Premises Details:

This business opportunity is in northern New Jersey, Morris County on a highly active county road. This business facility is located in a popular commercial mall with many other retail companies. The salon consists of approximately 1,200 square feet with an ultra-modern, attractive, and professional appearance.

Size in square feet:
1,200

Business Operation

Expansion Potential:

Regarding growth and expansion: this personal service company can be further developed by improving the marketing and local advertising. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.

Competition / Market:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reasons for selling:

The purpose of this business transaction is due to the change of owner unavailability with his full-time employment.

Trading hours:

Days Hours of operation; this business is active six days per week, closed Sunday with hours from 11:00 am to 7:00 pm.

Employees:
Regarding employees and payroll, this service company consists of four employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, and the staff is fully expected to remain post-closing, the monthly payroll expense is approximately $7,000.
Years established:
2022

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Franchise is optionial.

Other Information

Support & training:

Training and owner support, the owner is fully prepared to remain post-closing and will supply an appropriate transitional period to purchaser.

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

seller financing may be available to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Furniture / Fixtures value:
$75,000
Inventory / Stock value:
$5,000 - included in the asking price