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NOTE: Yes, it is still available. If interested, please schedule a call to discuss further: https://calendly.com/christian-zarama/15min
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 4 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
- 4 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
Asking Price: $248,500
Annual Performance:
- Gross Revenue: $480,000
- Net Income (after expenses & payroll): $110,000
- Potential Net with 4 Chairs Filled: $200,000
Lease Details
- 5 years remaining
- One 5-year option available
Growth Opportunities
Significant upside through expansion and optimization:
- Fill 4 unused stations
- Increase stylist count
- Expand service offerings
- Optimize pricing structure
- Increase marketing efforts
- Transition owners to a commission-based role post-sale
