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Listing Details - WELL-ESTABLISHED FULL SERVICE SALON AND SPA
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WELL-ESTABLISHED FULL SERVICE SALON AND SPA
(Beauty/Personal Care, Hair Removal; Beauty/Personal Care, Hair Salon; Beauty/Personal Care, Nail Salon; Beauty/Personal Care, Wigs; Beauty/Personal Care, Hair Salon/Day Spa; Beauty/Personal Care, Body Wrapping; Beauty/Personal Care, Skin and/or Massage)
QUEENS, NEW YORK CITY - New York, Queens
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
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| Listing ID: |
M324576 |
| Status: |
Active |
Listing Details
| Listed Price: |
$900,000 |
| Down Payment: |
$500,000 |
| Total Sales: |
$1,100,000 |
| SDE: |
$300,000 |
| EBIT: |
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| EBITDA: |
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| FFE: |
$100,000 |
Included? Yes |
| Real Estate: |
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Included? No |
| Inventory: |
$5,000 |
Included? Yes |
| A/R: |
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Included? |
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| Reason for Sale: |
PERSONAL REASONS |
| Training: |
SELLER WILL COMPLETELY TRAIN AND WOULD AGREE TO STAY ON FOR UP TO 2 YEARS . PERFECT FOR INVESTORS OR OWNER-OPERATORS |
| Financing Terms: |
SELLER WILL CONSIDER PROPOSALS FROM QUALIFIED BUYERS |
Operations
| Year Established: |
1984 |
| Last Acquired: |
2004 |
| Form of Ownership: |
S-CORP |
| Home Based: |
No |
| Relocatable: |
No |
| Type of Location: |
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| Absentee Owner: |
No |
| Online: |
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| Employees: |
Full Time: 30 / Part Time: |
| Managers: |
1 |
| Hours: |
9-7 M-TH 9-9 FRI 10-6 S-S |
| Owner Hours: |
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| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
12/31/2015 |
| Option: |
10 YEARS |
| Lease Terms: |
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| Lease Security: |
$16,000 |
| Monthly Rent: |
$8,680 |
| Square Footage: |
3500 |
| Facilities: |
THIS MODERN FACILITY HAS 3500 SQUARE FEET . Additional space available from the landlord to expand the spa. |
Summary
| Business Description: |
LOCATED IN THE HEART OF ONE OF THE BEST AREAS IN NEW YORK CITY, This well-established SPA and full service SALON is a Definite WINNER !
Services presently offered include: Hair Treatments, Color Services, Hair Straightening, Body Wave and Perms,Hair Extensions, Spa Facials and Body Care, Botox, Restylane, Microderm, Cellulite Treatments,Laser Hair Removal, Massage, Makeup Application, Nails, Waxing and Bridal Services. |
| Historical Summary: |
This Successful Beauty Company has been in Business for 27 years. |
| Owner Qualifications: |
This can be owned either by an Owner-Operator or simply by an Investor. Management is in place and will agree to stay if required.
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| Competition: |
This Salon is definitely the LEADER in this area. |
| Potential Growth: |
Unlimited by advertising, web-promotion and physical expansion. |
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