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Business for Sale Summary

Semi-Absentee Run Hair Salon and Barbershop on UES - 26355

Business Type: best deals!,must sell/drastic price reduction!,absentee business,seller financing available,beauty salon/ barber shop
Owner Financing
Semi-Absentee Run Hair Salon and Barbershop on UES
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Financial Information (non-confidential)

General Information
Asking Price $100,000 Down Payment $60,000
Gross Revenues $260,000 Lease Remaining Register Free to View
Owner’s Cash Flow $75,000 Number of FT Employees Register Free to View


$60,000 Down and seller will finance $40,000 over 12 months at 6%

Business Description

This 2-year-old semi-absentee run hair salon and barbershop is located on Manhattan's Upper East Side. 70% of the customers are women and 30% men. Rent is only $2,420/month for 300 square feet just a few steps up from street level and right around the corner from a main avenue with plenty of foot traffic. The owner has been disposing of all of his hair salons and barbershops to focus his attention on an entirely different field. He will sign a non-compete. Open Tu-Sa 10am-8pm, 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 $3,000/week with 4 styling stations. A new hands-on owner could double that and make at least $100,000/year. Please become a premium member at www.vestedbb.com to receive the name and address of this restaurant to do a discreet walk by, then email or call Senior Vested Business Broker Jay Goldman (jaygoldman@vestedbb.com or 1-646-670-1961) for an appointment to take a full tour and speak with the seller.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.