20 Year Old Nail Salon- Great Location For Sale - Business for Sale
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Established Nail and Beauty Salon in Closter, NJ
NJ, US
Added today
Beauty & Personal Care
A 20-year-old nail and beauty salon in Closter, New Jersey, offering hair and nail services in a 1,600 sq ft renovated facility with a commission-based labor model and six unused styling stations.
Key Information
Asking
$280K
Revenue
$175K
Earnings
$161K
Multiple
1.7x
Key Highlights
- Located in Closter, New Jersey
- Over 20 years of operating history
- 1,600 square foot facility, fully renovated 3+ years ago with new HVAC
- Staff includes 2 owner-stylists, 3 stylists, 1 barber, and 2 hourly support staff
- Current net from staff (4 employees): $162,000; owners’ salary add-back: $77,000; health insurance add-back: $24,000
- Lease expense: $48,900 per year
- Six fully equipped but currently unused styling stations included
Contact Info
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