Bronx, New York, United States
| Asking Price: | USD $199,999.00 |
| Gross Income: | USD $471,427.00 |
| Cash Flow: | USD $81,000.00 |
| Fixtures & Fittings: | USD $15,000.00 |
| Stock & Inventory: | USD $5,000.00 |
| Owner Financing: | Yes |
| Finance Available: | 50% DOWN - SELLER NOTE |
| Year Established: | 2006 |
| Trading Hours: | TUES-THURS 10-8PM/ FRI 10--9PM / SAT 9-7PM/ SUN 10-4PM, Owner Hours: 40 |
| Employees: | Full Time: 2, Part Time: 13, Managers: 1 |
| Terms of Sale: | Share Capital |
ULTRA-MODERN FULL SERVICE SALON AND SPA.
NOW PROVIDING HAIR SERVICES. LASER HAIR REMOVAL, MAKE-UP, MANICURE/PEDICURE, SPA PACKAGES, WAXING, MASSAGE THERAPY, SKIN CARE AND BODY TREATMENTS.Perfect for expansion of current salon/spa business or for a stylist or other salon/spa professional looking to move up to their own business. Excellent system in place and can be operated by investor or othernon-industry business person. EXCELLENT BRONX LOCATION
Historical Summary
THREE STRAIGHT YEARS OF STEADY GROWTH.
Owner Qualifications
Business now operates with non-industry owners and Manager.Can easily be run by non - industry professional business person.
Expansion Potential: FACILITIES AT HALF CAPACITY BECAUSE 3 OF 6 STYLING CHAIRS ARE NOT OCCUPIED. CAN DOUBLE BUSINESS WITH INCREASED MARKETING
Competition & Market Info: NO DIRECT COMPETITION due to the system of high level of business development in place. PERFECT FOR EXPANSION.
Reasons for Sale: OWNER LEAVING COUNTRY
Support & Training: FULL TRAINING FOR 30 DAYS AS NEEDED
Property Type: Leasehold
Lease Terms: 11/9/2013, NEW 10 YEAR LEASE OPTION, 4% ESCALATION
Leasehold Rent: Lease Security $32,000, Monthly Rent $5,652
Premises Details: 2200 SQUARE FEET OF ULTRA -MODERN NEW SPA AND SALON
Size (Sq m or ft): 2200 sq ft
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