Hot Hair Salon in Hell's Kitchen

New York, NY
New York County

Asking Price: Annual Revenue:
$1,200,000 $1,300,000

Services: Hair, Nails, Spas, Tanning

Request More Information
Contact the Seller

RE: Hot Hair Salon in Hell's Kitchen Broker: Bob Dunphy
Owner Financing is Available!

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 18
BBN Listing #: 930535879
Broker Reference #: 6842-84580

Email or Print Listing

Request More Information
Contact the Seller

Business Overview:

This is a hot young salon in Hell’s Kitchen looking for a new owner to take it to the next level. The space is gorgeous, the staff is amazingly talented and friendly, the online reviews are raves and there is plenty of space to expand services. There are 14 styling stations, four shampoo stations and three under-utilized treatment rooms ready for new services. From the chandeliers to the upholstery this salon screams upscale style. Plus, it is currently the only salon within 10 blocks on this avenue in one of the fastest growing neighborhoods in Manhattan. Hundreds of new apartments are under construction and soon to open within that 10-block area.

Hours: Monday-Friday 11AM–8PM, Saturday 10AM–7:30PM, Sunday 11AM–6PM.

Lease: 2,200sf on ground floor plus full basement. Rent is $12,000/month including real estate taxes. 3% annual increases. Seven years remain on the 10-year lease.

The Transaction: The deal structure will be an asset sale. The reason for sale is the sellers’ desire to focus on other business. Owner will train for two weeks at no charge. This business is offered at $1,200,000.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Other business interests.

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.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!