HS Listing ID-69452
In 2025, the 3 stylists and 1 barber generated $335,000 in revenue.
On that $335,000, the two owners netted $184,000 at a 55% override, with the stylists on a 45% commission and the owners keeping 55%. The $335,000 does not include what the two owners earn from doing hair themselves.
The two owners currently work 4 days a week and each take $1,200 weekly, which averages about $70,000 a year total for both, including some cash sales.
For a sale scenario, they would stay on and go to a commission split of 45% / 55% to the new owner. That would drop their current salary to about 45% of the $70,000, or roughly $31,500 each in commissions (plus tips), instead of fixed salary.
On the financials, here is adjusted numbers:
Current net from the 4 employees: $184,000
Addback of the owners’ salary: $77,000
Addback of health insurance (currently run through the business for one owner and her stylist son): $24,000
This gives adjusted earnings of approximately $285,000.
From the $285,000, I subtracted the following operating expenses:
Lease: $4,075 per month = $48,900 per year
Hourly staff (2 employees at shampoo/scheduling/phones): $13/hour, about 55 hours per week combined = $720 per week, or $37,440 per year
PSEG: $1,200 per year
Water: $1,200 per year
Optimum (cable/internet): $2,640 per year
Electric: $3,500 per year
Supplies: $26,000 per year (about $500 per week)
Marketing: $3,500 per year
After these expenses, the adjusted net comes out to roughly $161,220.
The salon was fully redone a little over three years ago, has a new HVAC system, 1,600 sq. ft. with 6 empty stations for growth, and has been in business for over 20 years, with the owners willing to stay on part time for 1–2 years.
The lease is currently 5 years remaining with another 5 year option available.
The Landlord is very flexible.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
