Successful Hair Salon at Prime NY Location NY, NY 31927

New York County, NY

Successful Hair Salon at Prime NY Location NY, NY 31927
Contact Seller

Asking Price: $180,000

Cash Flow: $180,000

Gross Revenue: $540,000

EBITDA: N/A

FF&E: $150,000

Inventory: $3,000*

Established: 2016

*not included in asking price.

Successful Hair Salon at Prime NY Location NY, NY 31927

Save Print Share Valuation Report

Business Description

Great potential!

Price Just Reduced! Asking Only 1X Verifiable Cash Flow!! Just wait until you see this busy and elegant hair salon on a major avenue near Midtown Manhattan. Three years ago, it was converted from a coffee shop into a hair salon at no small expense and it shows. The salon sales average $45K per month. 60% of those sales are on credit card; 40% in cash. Everything is on the Shedul software system installed in 2018. Not only is the owner willing to provide you with all the transitional support & training you'll need to manage this business, but he would also like to stay on three days a week as a stylist and will rent a chair from you on mutually agreeable terms. Asking Only 1X Verifiable Cash Flow of $180K, annually, this is among the top values you will find through Vested Business Brokers, especially given the money poured into the build out of this salon, along with all its furniture, fixtures, and equipment. Please do not say anything to the employees or customers when visiting the location, as they don't know it's for sale. Kindly then contact the listing broker, Jay Goldman, to make an appointment to meet with the seller and get a full tour of the facilities. Please call for further information.

Detailed Information

Location:
New York County, NY
Inventory:
Not included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Yes
Reason for Selling:
Owner needs the proceeds from this sale to purchase a home for his young family
Business Website:
http://www.vestedbb.com/lid-31927
Contact Seller

Contact the Seller

Contact Seller Loading

Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1621775 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


PROSE

Franchise Opportunity
Capital Required: $500,000