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Well-Established Beauty Supply Center In New York For Sale

New York, US
Asking Price:
$395,000
Sales Revenue:
$550,000
Cash Flow:
$104,000

LISTING ID # 36244

This well-established beauty center includes a full-service hair salon where the current owner rents out all chairs and two rooms, generating an additional $1,000 per month. The owner manages sales without providing hands-on services. This exceptional business comes with over $200,000 of wholesale inventory, meticulously maintained and organized, plus $100,000 worth of equipment. Located in a highly desirable shopping center with major tenants, this location benefits from high foot traffic. The shopping center is also set to undergo a multi-million dollar remodeling soon, which will further enhance the site's appeal. The business features ample parking with spaces for hundreds of cars and has an open lease that includes hair, nails, and related services and products. This opportunity is ideal for a buyer with a family involved in the business, possessing business and marketing expertise, and hair cutting experience, as there is significant potential to triple current numbers. The store has been completely updated and is positioned next to new condos and a busy road, ensuring continued customer traffic. Priced for a quick, hassle-free sale by a seller eager to retire. This rare gem offers tremendous growth and improvement opportunities. For more information, contact broker Jim Aloi.

Business Operation

Reasons for selling:

Other interests

Employees:
1 FT/2 PT
Years established:
50

Other Information

Support & training:

Seller will train

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

250,000.00 Down & $145,000 for 5 years @ 8%

Furniture / Fixtures value:
$100,000
Inventory / Stock value:
$200,000