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Spacious Hair Salon In Prime Section Of Manhattan For Sale

New York County, New York, US
Asking Price:
$90,000 (USD) Inventory / Stock included
Sales Revenue:
$360,000 (USD)
Cash Flow:
$90,000 (USD)

LISTING ID # 33438

Since re-opening after being closed mandatorily due to the Covid-19 pandemic, this Spacious Hair Salon in a Prime Section of Manhattan has rebounded strongly. Prior to the closing, the seller was netting $90K on $360K in gross revenue, annually. The owner is a stylist herself, but she lets her 3 stylists take most of the walk-ins, as she primarily manages the business and, therefore, doesn't have to be there all the time. She is covered by a part-time receptionist, who also shampoos clients for the stylists. This is a busy and elegant hair salon on a major avenue near Midtown Manhattan. Five years ago, it was converted from a coffee shop into a hair salon at no small expense and it shows. The build-out itself cost significantly more than the asking price. A new internet-based reservation system was installed just this year. As things continue to normalize in the city, it's likely she will increase her asking price. Now, is the time to get a real bargain! Please contact the listing broker, Jay Goldman, to make an appointment to meet with the seller and get a full tour of the facilities. Mr. Goldman can be reached at. Please first go to to become a free registered buyer under listing 33438, if you are new to Vested Business Brokers. Kindly upgrade to premium membership to obtain its address.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-26938 for instant access to this business information.

If interested, please contact the seller through the form on this page.

Business Operation

Reasons for selling:

Personal

Employees:
3FT/1PT
Years established:
2015

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

60,000.00 Down & $30,000 at 6% over 24 months

Furniture / Fixtures value:
$25,000 (USD)
Inventory / Stock value:
$3,000 (USD) - included in the asking price

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