Hair & Nail Salon, Nice Location, Fully Staffed!

This is a well-established business with a nicely built, full-service hair care salon in top condition. It is a highly professional business operating at its current location for over 20 years. The business has been offering a wide array of hair care and hair replacement services to men, women and children for almost 60 years. It is truly a multi-generational family salon business with dedicated unisex areas for adults as well as a very popular children salon that kids love to visit. It is one of the most popular hair salons in Bergen County with strong and dedicated staff members to continue with a new owner. They also have a nail salon section and private waxing room.

They offer all types of traditional and progressive cuts and styles, color, highlights, perms, up-do's, special occasion hair styles, and cuts for men, women, and kids all under one roof, conveniently located with plenty of on-site parking. In addition, the business offers various hair care products, nail care services, and they custom make hair replacement.

The business has solid financials and consistent sales and income over time. It is run by the two owners, who will stay on as employees to run it if needed. It is very reasonably priced considering the longevity and solid assets. There is nothing needed, it is very reasonably priced, and a buyer can step in to run it as is or take over a station as a working owner.

• Business Price: $139,000
• Annual Cash Flow: $ 54,000
• Gross Revenue: $247,000
• Inventory at Cost: $ 5,000 est
• FF&E: $ 40,000 est
• Rent: $ 3,900
• Established: 1960s; current location for 23 years

Two working owners run the business day to day with several hairdressers and nail salon techs. They are looking to sell the business as a first step to eventual retirement several years down the road but would like to be able to stay on to continue working as employees if a buyer needs them. If not, they will provide a transition as needed over time. The company has a strong repeat and referral business. The seller is relocating and is motivated for a quick sale.