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GORGEOUS CUTTING EDGE HAIR SALON - Business For Sale

Manhattan, New York, United States

Listing: 351 | Ref: Unspecified | Agent: 61
Asking Price: USD $295,000.00
Gross Income: USD $620,000.00
Cash Flow: USD $120,000.00
Fixtures & Fittings: USD $50,000.00
Stock & Inventory: USD $5,000.00
Owner Financing: Yes
Finance Available: NEGOTIABLE
Year Established: 2006
Trading Hours: 10AM -8PM = 7 DAYS, Owner Hours: 50
Employees: Full Time: 6 , Managers: 1
Terms of Sale: Share Capital
Buy a GORGEOUS CUTTING EDGE HAIR SALON business for sale

Business Description

FULLY RENOVATED, FULL SERVICE , CUTTING EDGE HAIR SALON on Manhattan's Upper Eastside. Well established, upscale clientele. It is perfectly poised for expansion of a current operation or for an owner/operator or investor to step in and take advantage of it's unlimited potential for growth. Grow in your own organization and create your own financial freedom today!

Historical Summary
BUSINESS established and being grown by founding owner/ operator.

Owner Qualifications
Salon Management experience desirable.

Detailed Information

Expansion Potential: Unlimited

Competition & Market Info: Can take on all comers

Reasons for Sale: OWNER LEAVING THE COUNTRY

Support & Training: YES

Real Estate Information

Property Type: Leasehold

Lease Terms: 12/31/2017, 5 YEARS, 3% ANNUAL ESCALATION

Leasehold Rent: Lease Security $19,000, Monthly Rent $6,800

Premises Details: FULL SERVICE HAIR SALON

Size (Sq m or ft): 700 sq ft

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