Breathtaking High Performing Hair Salon
New York, NY New York County
Asking Price:
$800,000
Annual Revenue:
$1,100,000
Request More Information Contact the Seller
- RE: Breathtaking High Performing Hair Salon
- Contact: Matthew Matthew Raber
Owner Financing is Available!
Owner Terms: $200,000.00 Interest: 10% Term Months:24 Monthly Payment: $9,229.00
Quick Facts
| Asking Price: | $800,000 | |
| Annual Revenue: | $1,100,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $256,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $150,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2007 | |
| Employees: | 12 | |
| BBN Listing #: | 982835879 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Beautifully designed 16 year old two floor hair salon with 16 chairs and ceilings with chandeliers... 500k spent on buildout...Average client ticket is $150-200, around 90% of gross income coming from credit card transactions. Business is highly profitable and both owners of business do not even cut hair...only managing and performing book keeping/accounts receivables. BIG POTENTIAL to increase seller discretionary earnings, if new buyer is a hair stylist and brings in their clientele and if new owner is able to find more hair stylists to fill up all 16 chairs. The sky is the limit. Reach out today for more details!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.
Market Competition and Expansion:
No other really nice salons for higher end clientele in a 5 block radius -Big potential to increase seller discretionary earnings if new buyer is a hair stylist and brings in their clientele. - Fills all of the 16 chairs that are available for use.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 homebased business opportunity.
- This is not a franchise resale opportunity
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