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Newly Renovated, High End Hair Salon In Westchester For Sale

Greenville, New York, US
Asking Price:
$625,000 Furniture / Fixtures included
Sales Revenue:
$1,702,380
Cash Flow:
$350,000

HS Listing ID-41016

Located in the center of many small businesses, shopping areas and residential homes, it is easily accessible from highways.
Situated within one of the most affluent postal codes in the state, with new customers move into this suburb every year.
Well-established in this location for 14 years.
The store has recently undergone renovations and has undergone a stunning aesthetic redesign. owner spent close to $200k in improvements.
1,500 SQ FT space with 14 chairs.
landlord is willing to provide a long-term 10-year lease with a 2--year option. Or even 15 plus (2) 5-year options.
salon attracts approximately 150 NEW clients each month.
empty small room in the back of the salon is available for potential aesthetician, barber, make-up artist, eyelash technicians, etc. I can sublease space for $1,000 a month for this space if need be.
Business is currently CLOSED on Mondays, Saturdays, and Friday evenings due to owner's religious beliefs, which is an immense value-added opportunity for an ambitious new operator
Net Profit 2023: $500k

A signed confidentiality agreement is required for the exact location

Property Information

Real Estate:

Lease

Leasehold Rent:

$50,400 per annum

Business Operation

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.