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Hair Salon Net $109,000-Only 10% Down For Sale

Camden County, New Jersey, US
Asking Price:
$200,000 Furniture / Fixtures included
Sales Revenue:
$703,625
Cash Flow:
$109,586

You only need 10% ($20,000) down to purchase this successful businesses! This business has already been lender approved. You will earn $78,640 (after paying loan) first year getting your 10% back in 3.5 months!!

This beautiful Salon with a great location has a long standing reputation in the area appealing to all ages & types of clients. Their salon has a great “salon client” base that makes up for 24% of the revenue produced with walk in and call in clients not committed to any one service provider and are happy with various service providers.

Average daily revenue produced with most present staff
Great reputation : Within surrounding areas since 1997
Location and surrounding demographics of mid-high average income levels
Appearance: Salon is fresh, very clean and modern does not need any immediate changes.
Owner willing to stay on for a long period of time if wanted

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Semi Retirement.

Trading hours:

Tues-Thurs 9am-7pm; Fri 9-5; Sat 9-3

Employees:
1 FT/14 PT
Years established:
27

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Financing available:

Lender pre-screened with $20K down.

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$20,000
Relocatable:
This business can be relocated.