Hair Salon Franchise – Established 20 Years

Suffolk County, NY

Seller Financing Available

listing image
Asking Price:$99,000
FF&E:$75,000
Cash Flow:$50,000
Established Year:2004
BUSINESS DESCRIPTION

Hair Salon Franchise – Established 20 Years

LISTING ID # 35796

Hair Salon Franchise – Established Over 20 Years. Only $50K down! This location is in a fantastic strip center with plenty of parking. Recent mechanical and tech updates! They offer unisex hair styling and cutting, color, conditioning and much more. The space is 1,000 sf. with 8 chairs and 2 sinks. There are 10 years left on the current lease. The current rent is only $2,200/mth! The business currently has a full staff of 7 FT employees. The build out cost for a space like this would be over $250K. We are seeking a serious and financially qualified buyer with at least $60K in liquid funds for the $50K down payment and $10K transfer fee. This is ideal for a stylist, owner-operator, 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 can be scheduled by appointment, after providing proof of funds.


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Not Included in asking price
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
50,000.00 Down & $49K over 3 yrs. @ 7.5%
Support & Training
Seller will train
Reason for Selling
Retirement
Franchise
This business is an established franchise
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Vested
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Vested Business Brokers, Ltd