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Business for Sale Summary

Hair Salon For Sale in New York County, NY - 32790

Business Type: hair salon/ barber shop
Hair Salon For Sale in New York County, NY
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Financial Information (non-confidential)

General Information
Asking Price $75,000 Down Payment $75,000
Gross Revenues $350,000 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$75,000 Down and The asking price is for 50% of the business. The financials are for 100% of the business.

Business Description

This beautiful hair salon was purchased by the current stylist owner a little over a year ago, Since then, she has taken it out of the red to break even and is now looking to bring on a stylist partner to make it solidly profitable. While there is chair time available for you and other stylists who come with you, there are already 4 full time stylists, 1 part time stylist, and 1 full time salon assistant on staff, and then 2 full time and 1 part time stylists, who rent chairs. About 2/3 of the clients are scheduled by appointment and the other 1/3 are walk-ins. You will find a well-appointed interior with 8 stations and 3 sinks. The salon is open Monday-Friday from 10am-8pm, Saturday from 10am-6pm, and Sunday 10am-5pm. It is located in a section of Manhattan with concentrations of both residential and commercial clients, as well as tourists and foreign dignataries, and near one of the city's major transportation hubs. Please do not say anything to the employees or customers when visiting this location, as they do not know it's for sale. Kindly then contact the listing broker, Jay Goldman, to make an appointment to meet with the operating partner to ask some basic questions and get a full tour of the facilities. Mr. Goldman can be reached by text or phone at 917-912-3282 or email at jaygoldman@vestedbb.com. Please first go to www.vestedbb.com to become a free registered buyer under listing 32790, if you are new to Vested Business Brokers.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.