Manhattan Midtown East Hair Salon

New York, NY
New York County

Asking Price: Annual Revenue:
$125,000 $400,392

Services: Hair, Nails, Spas, Tanning

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RE: Manhattan Midtown East Hair Salon Broker: Carey Davis
Owner Financing is Available!

Quick Facts

Asking Price: $125,000
Annual Revenue: $400,392
Net Profit: Not Disclosed
Cash Flow: $75,120
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1997
Employees: 6
BBN Listing #: 414435879
Broker Reference #: 6842-66254

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Business Overview:

Two owners, two decades, one fabulous location! Full service salon. Great lease. Owners want to sell and stay on with loyal customers. 8 chairs. Spacious feeling. Small basement included for storage. Good records.

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Property Features and Assets:

The two owners of this profitable salon started 20 years ago and are still going strong. They'd like to sell while staying on to provide a smooth transition and continue to cut hair for their loyal customers.

Market Competition and Expansion:

Phenomenal location and there's only one salon on the block. This is mid-town east Manhattan with long-term neighbors and retailers on all sides. Potential Growth New owners can open Sunday and Monday for immediate growth. Earlier and later hours throughout the weekdays also hold significant upside revenue potential.

Reason for Selling:

Career change.

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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