Very Busy Hair Salon And Nail Salon For Sale - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
💇
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
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence