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Hair Salon with Established Team in Bergen County, NJ

NJ, US

Added 6 days ago

Beauty & Personal Care

Hair salon in Bergen County, NJ with a long-term lease, established stylist team, and 1,500 sq ft of space.

Asking

$300K

Revenue

$826K

Earnings

$143K

Multiple

2.1x

Lease offered at $5,000 per month for 1,500 sq ft; long-term lease available from owner/landlord
Salon includes 9 stylist stations, 3 hair wash stations, a color room, and 8 additional chairs
Stylist compensation is based on a percentage of services; chairs are not rented
Team includes owner (18 years, ~$350,000 book), three stylists (~$150,000, ~$125,000, ~$86,000 books), a returning stylist (~$190,000 book), and 3 additional payroll employees including a front desk manager
Manicure and pedicure operator sub-leases space for $9,600 per year and is not on payroll
Salon has its own parking lot for clients and employees
Owner will stay on for 1 year post-sale and may remain up to 3 years

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NJ Hair Salon: Long-Term Lease Proven Team For Sale - Business for Sale