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High Cash Flow Producing Queens Hair Salon in High Traffic Area

Listing Number: 6842-697874

Description

Attention all investors and entrepreneurs! Here's your chance to own a thriving Hair Salon business in the heart of Queens, New York. Located in a high traffic area, directly next to both Bus and Subway stations, this salon is a hidden gem waiting to be discovered.

Spread across 2 floors, this salon boasts 8 chairs, 5 nail stations, and 3 Pedicure Stations with Massage rooms. With a team of 10 talented employees, this salon has built a solid reputation through word of mouth alone. The potential to increase revenue with more advertising and restructuring of the downstairs area is limitless.

Last year, the owner invested around $35,000 on new furniture, equipment, and fixtures, making this salon a modern and stylish space that clients love. Annual revenue is verifiable via Clover POS system, and the seller is willing to hold a $150,000 note for a qualified buyer.

The large Spanish customer base makes this salon the perfect opportunity for a buyer that speaks both English and Spanish. There's even potential to turn this salon into a semi-absentee business, giving you the flexibility to manage it alongside other ventures.

Don't miss out on this incredible opportunity! Contact us for more details and take the first step towards owning a successful Hair Salon business today.

Listing Details

  • Price: $ 300,000
  • Down Payment: $150,000
  • Sellers Discretionary Earnings: $ 120,000
  • Total Sales: $ 577,068
  • Location: Queens County, New York

  • Inventory: $ 15,000
  • FF&E: $ 35,000
  • Employees: 10
  • Year Established: 2018
  • Reason for Selling: Other Business Interests
  • Category: Beauty/Personal Care
High Cash Flow Producing Queens Hair Salon in High Traffic Area

Business Listed By:

Matthew Raber
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