Men's Hair Salon
| Asking Price: | $125,000 |
| Gross Revenue: | $372,151 |
| Rent: | $3,850/Month |
| Established Year: | 1995 |
| Cash Flow: | $78,364 |
| Inventory: | $2,000 |
| FF&E: | $65,000 |
Full-service unisex Barber Shop & salon located in a wonderful area of Northern New Jersey and in Middlesex County. Prior to the pandemic the company had a gross income of $372,151 and a net yearly income of $78,000. This barber business offers all the required personal services to their customers. They are a full-service Barber shop / salon, representing 70% of male customers and 30% women. With their incredibly talented staff they have been providing clients with the best quality professional service for many years. They have a wonderful reputation for high-end quality service that provides dependable beauty and wellness. The company has a personal commitment to providing their clients with the absolute best, from product to service, it is their love and passion for hair and beauty that sets them apart. Along with the necessary skills to give their clients exactly what they are seeking, their team always listen, are energetic, and ready to offer advice and suggestions when asked. Our hair is a form of expression and style, and like a piece of art, our hair is a canvas. We are inspired by the poetic beauty of hair and the dynamic fashion industry that surrounds us. Their goal is to provide their customers with great service and a wonderful experience by adding new organic and natural products that are not only good for your skin, but also good for the environment. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. The yearly gross income as represented by the owner was $372,151 and a yearly net income of approximately $78,364 based on an onsite owner operator which includes any seller discretionary income and prior to any debt service. The business price is $125,000 which is based on a multiple of the net yearly income and includes the business assets. Also, owner financing is available to a qualified buyer with an appropriate down payment, collateral, and credit rating.
Inventory: Routinely the company has approximately $2,000 of marketable wholesale inventory and the purchaser will be responsible for that expense at time of closing, based on wholesale value.
