Beauty Supply Store / Harlem / Hamilton Heights

Not Disclosed, NY
New York County


Asking Price: Annual Revenue:
$100,000 $288,000

Retail: Health, Beauty, Nutrition


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RE: Beauty Supply Store / Harlem / Hamilton Heights Broker: Ricardo Molina
Owner Financing is Available!

Quick Facts

Asking Price: $100,000
Annual Revenue: $288,000
Net Profit: Not Disclosed
Cash Flow: $94,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 1
BBN Listing #: 425435879
Broker Reference #: 6842-776383

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Business Overview:

A great turnkey opportunity to own a well established retail beauty supply store located in the Hamilton Heights section of Upper Manhattan on an extremely vibrant commercial corridor with heavy foot traffic sitting in between two major subway stations and a bus stop just a few steps away. An exceptionally large amount of inventory ranging between $170,000 - $180,000 in stock and is included in the sales price? This beauty supply store sells wigs, nail polish, hair extensions, shampoo and conditioner, eye lashes, and many other personal care products with costumes and jewelry to compliment. CC sales make up 30% of annual revenue. The premises has operated as an established retail beauty supply store for over two decades or more. Owner Operated with one part time employee.

Currently there are no liens against the business. 10 year lease with 2 years remaining. Landlord will assign a new 10 year lease, possibly with options to a qualified buyer. 1,200 square feet with no basement. High ceilings with great lighting. There is a spacious hidden unit used for storage that runs along the side of the premises behind wall displaying merchandise for sale. Monthly rent rate $4,433 with taxes included.

The owner is highly motivated seller and selling due to a medical condition.

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Property Features and Assets:

Premises has operated as a retail beauty supply store for over two decades or more.

Reason for Selling:

Medical

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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