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Hair And Nail Salon With Growth Potential For Sale

Suffolk County, New York, US
Asking Price:
$99,000 Furniture / Fixtures included
Sales Revenue:
$300,000
Cash Flow:
Undisclosed

A beautiful Hair & Nail Salon

List Price $99K

Gross +/- $300K

+/- 1500 sq.ft. est over 20 yrs.

Open only 5 days Tuesday -Saturday 10:00AM-6:00PM

Closed Sunday & Monday

Currently only doing Hair No Nails or Pedicure

7 Chairs plus Nail department

Owner has 1 chair and rents out 2 chairs for $600 a month each.

owner has 3 assistance that work for here.

5 Chairs still available for rent to Hair dressers

5 yr Lease LL will give more

Rent $5000. All in

Water bill $80.Month

Electric $400/month

Gas $150./month

Telephone/Internet/Cable $150./month

Inventory Not included $2000.

Owner will sell only if they can stay on and pay between $800-$1000 a month for a chair rental.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Lease Terms:

5 yr Lease LL will give more.

Leasehold Rent:

$60,000 per annum

Size in square feet:
1,500

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Other business interests.

Employees:
2

Other Information

Support & training:

Yes.

Inventory / Stock value:
$2,000