Manhattan, New York, United States
| Asking Price: | USD $295,000.00 |
| Gross Income: | USD $315,000.00 |
| Cash Flow: | USD $90,000.00 |
| Fixtures & Fittings: | USD $50,000.00 |
| Stock & Inventory: | USD $20,000.00 |
| Owner Financing: | Yes |
| Finance Available: | NEGOTIABLE |
| Year Established: | 1985 |
| Trading Hours: | M-F 9AM-7:30PM |
| Employees: | Full Time: 6, Managers: 1 |
| Terms of Sale: | Share Capital |
WELL ESTABLISHED FULL SERVICE HAIR SALON PROVIDING ADDITIONAL NAIL, WAXING AND FACIAL SERVICES. This beautifully renovated and productive salon is located on the Eastside of Midtown Manhattan. Open Monday to Friday only.Excellent opportunity to increase revenue by extending the hours ,or enjoy the freedom of ownership with only a 5 day committment. Current owner needs more time for family, but would love to stay on as a full time stylist. Low rent and just off Madison Avenue make this a real winner for the Entrepreneur at Heart!
Historical Summary
Business has been well-established for 25+ years in the Heart of Midtown Manhattan
Owner Qualifications
Experience in this Industry with some business or management experience.
Expansion Potential: Unlimited
Competition & Market Info: Hardly any loyal customers
Reasons for Sale: Retirement
Support & Training: YES
Property Type: Leasehold
Lease Terms: 12/31/2013, NEW 10 YEAR LEASE OPTION
Leasehold Rent: Lease Security $12,200, Monthly Rent $6,100
Premises Details: RETAIL STOREFRONT IN MIDTOWN MANHATTAN WITH 8 stations , nail spa, Waxing room, Facial room,, Staff room w/full laundry, office, bathroom, new air conditioning system (15k) separate from the building. No gas or water charges.
Size (Sq m or ft): 1300 sq ft
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