Suffolk County,
New York, US
Asking Price:
$65,000
Sales Revenue:
$338,000
Cash Flow:
$62,000
Fantastic Absentee Salon – Established over 25 Years. Great reviews! Major Price Reduction. A steal at $65K or best reasonable offer! This location is in the heart of a beautiful S.Shore Village in a busy shopping center with a high end anchor tenant. They offer unisex hair styling and cutting, color, foils, perms, highlights, keratin treatments, waxing and much more. The space is well lit with an open feel. It is 1,100 sq. ft. with 9 styling stations, plus 3 sinks. The landlord will offer a qualified tenant a new, long-term lease. The current rent is $4,565/mth (including tax, CAM and insurance). There is a large parking lot with ample spaces. The business is fully staffed with 6 FT and 1 PT employee. The owner manages the business only a few hours per week. He would be willing to stay on to assist in a training and transition period. In the past year the business grossed approx. $338,000 with a net cash flow of approx. $62,000.00. We are seeking a serious and financially qualified buyer with at least $65K in liquid funds. This is ideal for a stylist who can bring along their own following. To learn more, please call, text or email Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
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