A Neumann & Associates, LLC is pleased to announce that we have a Unisex Hair Salon with multiple locations for sale in Northern New Jersey. This is a great business to own for several reasons:
Offers hair styling, hair cuts and waxing services in seven locations;
Existing capacity allows for significant growth opportunity by adding nail services;
The business has $1.5m in revenue and a SD Cash Flow of $450k;
In business for over 20 years with a well-run, loyal employee base of 40+ employees;
The seller of this business is flexible regarding a new owner and is willing to make the ownership transfer process an easy transition. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business. The Seller will extend seller financing to a qualified investor. Here is how a deal might work:
$ 387,000
Cash Down Payment - from you or your company;
$ 903,000
Financing over 10 years @ 8% extended by the seller
$ 1,290,000
Total Acquisition Price
Thus, with as little as $387k, you will obtain a $450k annual cash flow, while expanding your business by $1.5m in revenues!
For details, please check our website at https://www.neumannassociates.com/businesses/unisex-hairsalon-multiple-locations or contact us to arrange a meeting, at your convenience. Alternatively, you may fax this letter to our office with a preferred phone number and day/time to be called, and we will contact you about this opportunity.
Sincerely,
Karin
Karin Neumann | Director - Investor Relations
A Neumann & Associates, LLC | C: 732-766-3225 | F: 732-872-6669 | O: 732-872-6777
