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Businesses For Sale   >>   New York Businesses For Sale   

Hair Salon & Barbershop - Upper East Side

Location  New York County, New York, United States
Asking Price Range  < $250K
Gross Revenues  $260000
Net Profit / Cash Flow  $75000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2010
Number of Employees  6 - 9
Inventory  5000
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Training  Seller will train new owner.
Reason for Sale  Other business interest.

Description  
This 2-year-old semi-absentee run hair salon and barbershop is located on the Upper East Side of Manhattan. Rent is only $2,420/month for 300 square feet just a few steps up from street level and very near a main avenue. The owner has been disposing of all of his hair salons and barbershops to focus his attention into an entirely different field. He will sign a non-compete. Open M-F 10am-8pm, Sa 10am-7pm, and Su 11am-6pm, this salon offers quality and experienced cutting, coloring, conditioning, threading and eyelash extension services provided by 5 stylists and 1 full-time assistant. The salon is currently averaging revenues of $5,000/week with 4 styling stations. At that rate, the owner can take out $75,000/year. He anticipates a 20% bump up from these levels in 2015. A full-time hands-on new owner could do even better. For address of this restaurant to do a discreet walk by, email or call 1-877-735-5224 for more information.


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