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Salon Business for Sale Essex County NJ

Salon Business for Sale Essex County NJ

Montclair, Essex County, New Jersey
StatusSoldAsking Price:$398,000Net Profit:$189,000Gross Revenue:$980,000Square Feet:2,000
This business has been sold!

Business Description

Step into ownership of a well-established, beautifully maintained salon located in the heart of one of Essex County’s most desirable downtown areas. Just 12 miles from NYC, this salon serves a loyal clientele base and benefits from the area’s upscale residential community—perfect for commuters and professionals alike. This opportunity offers a fully equipped, turn-key salon where the employees are aware of the sale! With high-end furnishings, $980,000 in revenue, top-of-the-line equipment, and a strong reputation in the community, this is a do not miss business ownership opportunity. With a 4.9 Google rating, a skilled and informed team, and consistent year-over-year growth, this is a business poised for continued success under new leadership. What’s Included in the Salon for Sale in Essex County, New Jersey Retail Inventory: $19,250 Professional Inventory: $10,400 Furniture, Fixtures & Equipment (FF&E): Valued at $40,799 Goodwill of business with a Cash Flow of $189,000 Business Highlights Prime location in a high-income, downtown neighborhood with proximity to NYC Strong, upward growth trend with room to scale Experienced, well-trained team in place (aware of the sale) Excellent operational systems, established with guidance from top salon coaches Owner willing to stay on for up to 6 months for transition/training Seller financing available for qualified buyers High online ratings and reputation in the community Growth Opportunities for the New Owner Add more service providers or expand business hours to meet demand Launch new services Increase marketing efforts and capitalize on the salon’s great reputation Utilize underused space for events, retail pop-ups, or beauty education https://youtu.be/gVW8OJfJI0M Reason for Sale The current owner is ready to pursue new ventures but is committed to a smooth and successful transition for both staff and clients. Interested? Inquire today to speak with the owner of this business!

Transaction Support

I am committed to a smooth and successful transition for both staff and clients.

Business Details

Asking Price:
$398,000
Net Profit:
$189,000
Gross Revenue:
$980,000
Location:
Montclair, Essex County, New Jersey
Business Type:
Independent Business
Square Feet:
2,000
Rent (Including CAM):
$6,408
Lease Terms:
Lease Transfer
FF&E:
$40,799
Inventory:
$19,250
Established Date:
2017
Employment Structure:
Employee Based
Seller Financing:
Yes
Reason for Selling:
New-venture
This business has been sold!

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