UA-101352717-1

Luxury Hair Salon in Midtown East for Sale

Listing Number: 86471-916797

Description

This famous luxury hair salon is owned and operated by a celebrity stylist. It’s located right next to a subway train station in the busy Midtown East neighborhood. The artistic interior created an architecturally beautiful and classic space, filled with luxurious surfaces.
• 1,000 square feet with 8 cutting stations, 3 shampoo stations, a kitchen and a bathroom.
• Rent is $9,200/month. New 5 + 5 years lease available.
• The owner and the salon were featured by many leading magazines and other media. Great social media presence with clients came from all over the country and even overseas.
• Employees include 8 stylists, 2 assistants.
• Owner is semi-absentee, all staff are in position and willing to stay. Sales are very stable, great profit margin, possible for absentee ownership options.
• Brand has been built for 10 years with unique design and concept, great potential for expanding to multiple locations.

Listing Details

  • Price: $250,000
  • Down Payment: $150,000
  • Sellers Discretionary Earnings: $110,210
  • Total Sales: $537,632
  • Location: New York County, New York

  • Inventory: $0
  • FF&E: $0
  • Employees: 10
  • Year Established: 2009
  • Reason for Selling: Other business interests
  • Category: Beauty/Personal Care
Luxury Hair Salon in Midtown East for Sale

Business Listed By:

Sandy Pannu
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