Very Busy Hair Salon And Nail Salon For Sale - Business for Sale

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Hair and Nail Salon in Queens, NY

Queens, NY, US
Added 4 months ago
Beauty & Personal Care

Hair and nail salon in Queens, NY offering salon services, room rentals, and chair rentals, with two owners and additional stylists and technicians operating on commission and rental agreements.

Key Information

Asking

$250K

Revenue

$705K

Earnings

$175K

Multiple

1.4x

Key Highlights

  • Business is 100% all cash
  • Rent: $5,500/month ($66,000/year), with 1 year left and a 5-year option available
  • Equipment valued at approximately $30,000
  • Both owners take home $10,000 per month
  • 2 owners (one works 4 days/week, one works 5 days/week); business open 7 days a week
  • Basement has 4 rooms rented out; 3 hair stylists and 1 nail tech work on 50/50 splits, covering rent

Contact Info

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