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Fantastic Salon And Spa Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$99,000 (USD)
Sales Revenue:
$478,000 (USD)
Cash Flow:
$50,000 (USD)

LISTING ID # 32468

Fantastic Salon & Spa - Same Owner for 55 Years. Unheard of today. In fact, the newest employee has been here for 25 years. Many 5 Star reviews! This is a great shop in a great location along the South Shore of Suffolk County. They offer unisex hair styling and cutting, nails, waxing, spray tanning and much more. The space is 1,500 sq. ft. with 10 styling stations, plus 4 color chairs, 4 shampoo chairs, 2 manicure stations and a back room for wax, massage and spray tans. The landlord will offer a qualified tenant a 10 year lease (5 5) at a rent of $4,700/mth. There is a huge, free parking lot with over 200 parking spaces. The business is fully staffed and the owner would be willing to stay on as a part-timer to assist in a training and transition period. He has retired from cutting and only comes in periodically as a manager. He is willing to hold a note for a qualified buyer. In the past year the business grossed approx. $478,000 with a net cash flow of approx. $50,000.00. We are seeking a serious and financially qualified buyer with at least $99,000 in liquid funds to cover the down payment. This is ideal for a stylist who can bring along their own following. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be made by appointment only!

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-26938 for instant access to this business information.

If interested, please contact the seller through the form on this page.

Business Operation

Reasons for selling:

Retirement

Employees:
2FT/9PT
Years established:
1965

Other Information

Support & training:

Seller will train

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

Seller will entertain any reasonable offer!

Furniture / Fixtures value:
$75,000 (USD)
Inventory / Stock value:
$6,000 (USD)

Contact Information

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