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Full Service Hair Salon – Midtown West NYC

Price: $220,000

Location: New York, New York

Industry: Beauty and Personal Care

Listing ID: 00095

This fashion-forward and modern full service hair salon is located on a major avenue in Manhattan’s Midtown West neighborhood.  The salon is surrounded by many businesses, offices, and residential buildings, all of which offer heavy traffic to this location. The salon has a wide variety of services such as unisex haircuts, coloring, blowouts, relaxers, special occasion hairstyles and hair treatments.  The salon has 7 handpicked professionally trained stylists and 9 chairs.  All stylists work on commission only.

Listing Details

Gross Revenue: $600,000

Cash Flow: $120,000

Reason For Sale:

Seller is restricted to work due to religious reasons.

Training & Support:

Will be provided as necessary.

Operation

Year Established: 1999

Year of Last Acquisition: 2003

Days & Hours of Operation: 7 days

Employees: 4 Full Time, 4 Part Time

Location

Security on Lease: 25000

Lease Option: 10 year on the lease

Monthly Rent: $ 15,000

Square Footage: 1100

Facilities Information:

9 chairs, 2 hair washing stations, and 1 chair for pedicures.