NOTE: Yes, it is still available. If interested, please contact us.
Property & Location:
Well-established salon located in New Jersey with strong local clientele. The business operates out of a 1,600 SF space, recently renovated, and includes a new HVAC system. The location has been operating successfully for over 20 years with consistent demand.
Business Summary:
This is a long-standing, turnkey hair salon operating with a commission-based model. The salon currently has 3 stylists and 1 barber, with 6 additional unused stations providing immediate growth potential. Owners are active in the business and willing to stay on part-time for 1–2 years post-sale.
Business Highlights:
- Over 20 years in operation
- Recently renovated facility with new HVAC
- 6 unused stations for immediate growth
- Strong commission-based labor model
- Owners willing to stay on 1–2 years post-sale
- Clean financials with meaningful add-backs
• Scalable opportunity for owner-operator or investor
Services Offered
- Haircuts & styling
- Barber services
- Color & treatment services
- Additional salon services (stylist-driven)
Financial Snapshot:
2025 Performance (Employees Only):
- Gross Revenue: $335,000 / year
- Owner Override: 55%
- Stylist Commission: 45%
- Net to Owners from Employees: $184,000
Owner Income (Not Included in Above Revenue):
- Owners work 4 days/week
- $1,200 per week combined
- Approx. $70,000 / year (including some cash sales)
Adjusted Earnings Calculation:
- Net from employees: $184,000
- Add-back: Owner salaries: $77,000
- Add-back: Health insurance: $24,000
Adjusted Gross Earnings: ~$285,000
Operating Expenses (Annual):
- Lease: $48,900
- Hourly staff (2 employees): $37,440
- Electric: $3,500
- PSEG: $1,200
- Water: $1,200
- Cable/Internet: $2,640
- Supplies: $26,000
- Marketing: $3,500
Adjusted Net Income: ~$161,220
Lease Details:
- 5 years remaining
- One 5-year option available
Growth Opportunities:
Significant upside through expansion and optimization:
- Fill 6 unused stations
- Increase stylist count
- Expand service offerings
- Optimize pricing structure
- Increase marketing efforts
- Transition owners to commission-based role post-sale
