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Listed by:

Transworld Business Brokers

Established Salon In Queens County For Sale

Queens County, New York, US
Asking Price:
$110,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$46,000
Cash Flow:
Available on request

Established Queens Salon In A Very Trendy Up-and-Coming Area

Open since 2016, very affordable rent of only $2,700 with ZERO real estate tax... 5 years left on the lease. Right near the N and W train subway line in a very up-and-coming area, ready for a new owner to take this business to the next level. salon is only open 5 days a week with a very clean and modern buildout. Clients like coming to this salon because the owner offers a vast variety of services like nails and massages as well. This business has two part-time employees. the new owner who speaks fluent Spanish or has an existing clientele is a plus, but not required to succeed due to rapid demographic changes in the area over the last few years. This opportunity will not last long. Reach out to me for more information.

Property Information

Real Estate:

Lease

Premises Details:

FF&E Overview: Good

FF&E General Condition: Good

Business Operation

Expansion Potential:

Increase in social media presence as currently little to no marketing done. Hire more employees that can do massages and nail services that preferably have existing clients but need a great location to perform their services, this in turn will immediately increase profit and revenue.

Reasons for selling:

Personal

Trading hours:

10AM-7PM

Employees:
2
Years established:
2016

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 4

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

Owner Terms:$40,000.00 Interest:12% Term Months:12 Monthly Payment:$3,553.95

Furniture / Fixtures value:
$70,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price