Renovated Salon with 14 Chairs, Profitable (Location: [City, State])

Featured on BusinessForSale.com . 3 viewed

Asking Price

$625,000

FOR SALE - ACTIVE

Detailed Information

Location

Greenville,New York, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This established salon, located in a prime area surrounded by a mix of small businesses, retail, and homes, has been part of the community for 14 years. Recently renovated with a modern design, the 1,500-square-foot space offers 14 chairs and a separate room for potential beauty professionals to lease. The landlord is open to a long-term lease agreement, with options extending up to 15 years. The salon, attracting around 150 new clients monthly, presents a significant opportunity for growth. The current closure on Mondays, Saturdays, and Friday evenings creates a unique value proposition for a new operator looking to expand business hours. The expected net profit for 2023 is projected to be $500k. Please note that a confidentiality agreement is required to disclose the exact location of this thriving business. Positioned in a prosperous community with a continuous influx of new residents, this salon presents a lucrative opportunity for an ambitious entrepreneur. With its strategic location, modern amenities, and potential for growth, this

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