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NOTE: Yes, it is still available. If interested, please schedule a call to discuss further: https://calendly.com/christian-zarama/15min

• Asking Price: $300,000
• Gross Revenue: $316,148.28
• SDE (Seller’s Discretionary Earnings): $120,000

Monthly Expenses:

• Rent: $8,000 monthly
• Verizon (Internet/Phone): $135
• Supplies (Hair dye, chemicals): $4,000
• Garbage Fee: $63
• Radio Subscription: $23
• Business Insurance: $300
• POS System / Credit Card Fees: $70
• Additional Insurance: $400
• Sales Tax: $2,000
• Payroll (Combined): $8,864
• Electricity (Con Edison): $1,000

Business Summary:

This Spa & Salon is a profitable, well-located hair and nail salon in a bustling shopping center. With over 10 years of presence in the community and a reputation for quality, the business offers primarily hair services with 10–20% of its revenue from nails.

The current owner acquired the salon recently based on its strong cash flow and high potential, but due to her responsibilities managing a three-location law firm, she is unable to dedicate the time needed to optimize it. Even operating just 4–5 days a week, the salon is generating over $316K in gross revenue and $120K in SDE.

The space would benefit from a modern facelift — something the seller is prepared to do and already has plans and funding for. Equipment and inventory are included in the deal, and the lease has 8 years remaining with a property management company as landlord.

Business Highlights:

• In operation for 10 years with steady local clientele
• Services primarily hair with 10–20% nails
• Equipment and inventory included with the sale
• 8 years remaining on the lease
• Business remains profitable despite being closed 2–3 days per week
• Current absentee ownership — flexible for owner-operator or investor
• No website or marketing currently in place
• Seller has renovation plans and funds ready to go
• Seller purchased for $150K, seeing $10K/month in revenue with clear upside

Growth Opportunities:

• Open additional days/hours to capture more revenue
• Launch website and establish online booking
• Execute cosmetic renovation to attract new clients
• Expand nail services and add new offerings (lashes, facials, etc.)
• Rent chairs or rooms to other beauty professionals
• Run promotions and advertise to nearby residential areas

Reason for Selling:
Owner runs a three-location law firm and no longer has the time to manage the salon as originally planned. The decision to sell is based on time constraints, not performance.