Financing: $60,000.00 Down and seller will finance $40,000 over 12 months at 6%
Reason for Selling:Personal reasons
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 (email@example.com or 1-646-670-1961) for an appointment to take a full tour and speak with the seller.
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