Established eyelash salon for sale

Manhattan, NY (New York County)

Seller Financing Available
Established eyelash salon for sale
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Asking Price: $650,000

Cash Flow: N/A

Gross Revenue: $870,000

EBITDA: N/A

FF&E: $150,000

Inventory: $100,000

Rent: $4,515 /Month

Established: 2014

Established eyelash salon for sale

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Business Description

Motivated seller

We are an established eyelash salon in midtown manhattan growing steadily past 5 years. We have big customer base and continue growing. The owner is retiring so hurry up. Low season each day sale is about $2000-2500/day. Peak season sale averages is $3000-5000/day. Net profit after all expenses is about $30000-$45000/mo depends on the season.
One of the top rated eyelash extension business in manhattan.
10 employees currently.
Low rent, low maintenance High profit.
Estimated return investment in 18 months.
No experience needed. Will train 4 weeks and after sale support for smooth transition.
Yearly Revenue History Approximate
2014 $120k
2015 $470k
2016 $700k
2017 $725k
2018 $870k
2 year and half lease left. will extend the lease to 7 years + option before signing the sale of contract.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
9/1/2021
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lash, glue, tools etc products inventory 8 Eyelash chair, pos machine, ipads, computer, card machine... other electronics etc... custom built customer information enrollment system logo, website, advertisement, online reputation.
Competition:
hottest prime location near penn station.
Support & Training:
1 month transition training and handling
Reason for Selling:
retirement and relocating
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Business Listed By:
Jay Zhao

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