Serving All Industry Sectors
New York, New Jersey, Connecticut,
and Eastern Pennsylvania

CONTACT US

(212) 686-5790

Full Service Hair Salon

Excelsior Business Group, LLC
For More Information Contact
Tony Torella
Excelsior Business Group, LLC
(212) 686-5790

Full Service Hair Salon

Industry Segment:
Hair Salon
General Location:
Westport, CT
Listing Number:
BBN-194319121

Purchase Information

Listing Price:
$110,000
Down Payment:
$110,000
Terms:
To Be Discussed

Financial Information

Gross Sales:
$120,803
Cash Flow:
$44,822
Equipment:
$40,000
Included
Inventory:
$30,000
Included

Other Business Information

Year Established:
2012
Monthly Rent:
$2,500
Square Feet:
1,160
Employees:
1 PT
Days & Hours:
Is this a Franchise?
N
Home-Based?
N
Can be Relocated?
Y

Business Description

This full service hair salon is set in a prime Westport, CT location. It offers plenty of opportunity for growth because the demand for the high-end services it offers is very high in this upscale community. These services range from haircuts, coloring, balayage highlights, makeup applications, eyebrow sculpting and facial waxing. The seller has invested a substantial amount of time, thought and capital in this salon in order to create an attractive, comfortable, relaxing and welcoming environment for her clients. In addition, the space it occupies is large enough to easily accommodate additional services such as a nail salon or a retail section for high-end Salon products. Unfortunately, due to personal reasons, the owner wasn't able to operate the salon on a full-time basis in 2019-2020. That being said, it is reasonable to assume that a new owner who operates the business on a full-time basis should be able to generate $300,000-$400,000 in annual revenue, because the demand is so great in this upscale area of Fairfield County. This business, which has been in continuous operation for eight years, has solid operational procedures in place. These well-established processes will enable a new owner to take over an efficiently run ongoing business, while providing the owner with the ability to handle a significant increase in the salon's customer base. In short, since everything for continued success and growth is already in place, the buyer of this salon will be inheriting a truly turn-key operation.

Tony Torella
(212) 686-5790
(917) 881-1954
tony.torella@excelsiorbusinessgroup.com
Excelsior Business Group, LLC
555 Madison Avenue
5th Floor
New York, NY 10022
excelsiorbusinessgroup.com
Listing Number:  BBN-194319121
 

Last Revision:12/14/2020 7:31:00 PM
Please Note: All listings herein are exclusive to this listing office as of the date of submission. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect.
Excelsior Business Group, LLC

Contact Tony Torella
(212) 686-5790

Please complete the following
* required information

security code
refresh image

Enter Security Code: