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Beauty & Tanning Salon
Warwick |
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Here s your chance to own friendly, neighborhood business in a convenient, high traffic location in upscale Warwick, NY. The business continues to grow rapidly with an annual growth rate of over 25% in gross income and net profit. Low overhead and established clientele make this a perfect business for the first time buyer. The purchase price includes all furniture, fixtures and equipment necessary to run the business. The shop opened its doors in 1997 as a full service hair care and tanning salon. Its customers include both men and women as well as a full family age range. The market served is mainly the Town of Warwick (Population 30,000) as well as loyal customers from nearby towns in New York and Northern New Jersey. It provides quality haircutting and styling at very competitive prices as well as state-of-the-art tanning facilities. In addition, there is significant additional business retailing quality haircare product lines. The business advertises in the Yellow Pages although the majority of its business comes from loyal, repeat business as well as word-of-mouth referrals. The staff consists of the owner, three stylists and a receptionist. This is an outstanding opportunity to own a growing business in one of Orange County's fastest growing regions. It s priced right for immediate sale and the seller will assist with the financing for a qualified buyer. |
Listing Number: 42
Alan Callaghan - Listing Broker
4456-A Old Shell Road, Mobile, AL 36608
Telephone - (251) 367-7873
E-mail -
acallaghan@capitalbbw.com
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| Category |
SERVICE BUSINESSES |
| Sub-Category |
Beauty Salons, Barber Shops |
| Asking Price |
$99,000 |
| Gross Sales |
$133,347 |
| Cash Flow |
$65,567 |
| FFE |
$18,000 |
| Inventory |
$4,000 (Inventory NOT Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
4 - Full-Time
0 - Part-Time |
| Facilities |
This is a profitable and rapidly growing beauty shop and tanning salon in a prime location in the Town of Warwick. It is 720 square feet located in a busy strip mall on a main thoroughfare. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
The business is in an excellent location with no competition in the immediate area.
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| Growth Notes |
There is outstanding potential for growth by extending business hours and days as well as the addition of nail care services. |
| Support Training |
The Seller would be willing to stay on long enough to ensure a smooth transition of ownership. |
| Year Established |
1997 |
| Financing Terms |
Negotiable |
| Reason for Selling |
Owner is retiring. |
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