Kings County Salon and Barber Shop for Sale

This is a well-established salon and barber shop located in the vibrant Kings County, NY. Offering a comprehensive range of professional beauty and spa services, including eyebrow threading, eyelash treatments, hair styling, and unisex barber services, the business caters to a diverse clientele. The salon boasts a spacious layout with eight chairs and three private rooms, creating a dynamic atmosphere. The current owner, a skilled beautician, generates an impressive annual income exceeding $80,000 from a single chair, demonstrating the business's profitability. The monthly rent of $7,500 is fully covered by existing income streams. The business benefits from two stylists operating on a commission split, contributing $5,000 per month to the owner, and three sub-tenants (a jeweler, convenience store, and astrologer psychic) who pay a combined rental income of $4,650 per month. There is significant growth potential, with five additional chairs and three treatment rooms available for expansion or rental. A new owner with business acumen could potentially achieve an annual profit exceeding $200,000. Buyers are required to show proof of $65,000 in liquid funds.