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Established Salon And Spa In Queens County For Sale

Queens County, New York, US
Asking Price:
$110,000 Inventory / Stock included
Sales Revenue:
$400,000
Cash Flow:
$120,000

Go relax in this upscale well-established beauty spa. This salon has been in the neighborhood for 35 years and the existing owner has owned it for 16 years. Services offered include nail, hair and massage.

This salon is located in one of the busiest neighborhoods in Queens surrounded by an incredibly beautiful atmosphere. The current owners really know how to pamper their clients, and they have been doing so for over 16 years.

There are 10 salon seats and a separate wash area with 3 sinks. They offer a wide array of services ranging from Brazilian wax, deep tissue massage, laser facials, teeth whitening, hair coloring services and blowouts, manicures and pedicures.

The original build-out cost over $200K and it is quite evident in the appearance. There are still 6 years left on the lease and an extension should be granted. The salon consists of two floors and at 2800 feet, it is very spacious. The current owner rents out some of the space to other spa specialists, so his rent is extremely affordable.

Business Operation

Reasons for selling:

Other Interests

Employees:
7FT/1PT
Years established:
2007

Other Information

Support & training:

Seller will train

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

80,000.00 Down & $30,000 @ 7% for 12 months

Furniture / Fixtures value:
$20,000
Inventory / Stock value:
$5,000 - included in the asking price