Price Reduced: Great Price for a Gorgeous New Hair Salon

New York, NY (New York County)

Seller Financing Available
Price Reduced: Great Price for a Gorgeous New Hair Salon

Asking Price:$125,000

Cash Flow:N/A

Gross Revenue:$50,000

EBITDA:N/A

FF&E:$12,000

Inventory:$5,000

Established:2013

Price Reduced: Great Price for a Gorgeous New Hair Salon

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Business Description

$25,000 Price Drop! You can't build out a new store for this. Still-new Upper East Side hair salon is less than a year old and the perfect opportunity for a stylist to become a first time, hands-on owner replacing the current absentee owner. With four chairs, one shampoo station and a full staff, this business is turn-key and an inexpensive way to start building your salon empire.

The Mezzanine walk-up location keeps the rent low while the proximity to a busy avenue (just around the corner) keeps the foot traffic high and walk in business high.

Detailed Information

Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Opened in late July 2013. Revenue to date averages approximately $10,000/month. Owner is absentee.
Competition:
It's New York City, so of course there are other salons nearby. But this one offers a unique combination of personal service, professional styling, quality and value.
Growth & Expansion:
There is nothing but upside for this business. Bring your clients, add some advertising and promotion and watch the customer base grow.
Financing:
15000
Support & Training:
2 weeks
Reason for Selling:
retiring

Listing Statistics for Premium Members

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Bob Dunphy

Business Listed By:
Bob Dunphy

Transworld Business Advisors of NY

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Sponsoring Broker:
Transworld Business Advisors

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