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Unique Salon & Hair Replacement Therapy In New York For Sale

New York, US
Asking Price:
$199,000 Inventory / Stock included
Sales Revenue:
$253,842
Cash Flow:
$104,933

LISTING ID: 35980

A unique opportunity to own a Hair salon specializing in nonsurgical hair replacement services for men and women as well as medical prosthetics, higher-end fashion wigs and hair extensions. Price Reduced! This salon also serves men and women in all phases of hair cutting, coloring, and keratin treatments. The owner is seeking to sell after 40 years in the industry. The business is fully equipped with all stock, inventory (over $100K) and equipment included in the asking price. It has four private studios, its own waiting room and lobby, as well as a smaller waiting area inside the salon. There is an elevator and stairwell to accommodate guests. There is plenty of parking, with a front and back entrance to the building.

It is run by a salon software program, keeping everything at one's fingertips. It is conveniently located in the heart of the high-traffic area. The business is owned and operated by a fully trained and certified operator in this field. She is willing to stay on for a lengthy training and transition period to help any new owner. In fact, she would even work on a part-time basis after the sale. Other staff members are willing to stay on as well. In the past year, the business generated an owner’s cash flow of approx. $104,933.00. The salon has a loyal and dedicated client base with repeat business. It has four types of clients: monthly serviced hair replacement, wig clients, cut and color clients, and hair extension clients, with the capability of expanding services as well as revenue. Hair replacement is a rapidly growing business with tremendous potential for someone who can take it to the next level with strategic marketing and additional service development. We are seeking a serious and financially qualified buyer with at least $120,000 in liquid funds to cover the down payment. Proof of funds will be requested before any meetings with the owner can be made. All site visits must be discreet. All meetings must be made by appointment only!

Business Operation

Reasons for selling:

Retirement

Employees:
1 FT/1 PT
Years established:
12

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

120,000.00 Down & $79K over 3yrs. @ 7%.

Furniture / Fixtures value:
$7,540
Inventory / Stock value:
$102,000 - included in the asking price
Relocatable:
This business can be relocated.