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.
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.
Year Established: 1999
Year of Last Acquisition: 2003
Days & Hours of Operation: 7 days
Employees: 4 Full Time, 4 Part Time
Security on Lease: 25000
Lease Option: 10 year on the lease
Monthly Rent: $ 15,000
Square Footage: 1100
9 chairs, 2 hair washing stations, and 1 chair for pedicures.