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Niche Salon In New York For Sale

New York, US
Asking Price:
$125,000 Inventory / Stock included
Sales Revenue:
$210,000
Cash Flow:
$120,000

Offering a pristine salon in Manhattan for sale, boasting a strategically negotiated, below-market 10-year lease. The salon's website showcases an extensive range of waxing, threading, and facial options for both genders.

Pre-pandemic, the salon achieved an impressive $500k in sales. Despite the owner relocating, she currently manages the salon independently with the help of one part-time technician, commuting daily.

This presents an ideal opportunity for a new owner to leverage a fully-equipped Manhattan salon with 6 stations and 3 rooms. The salon exudes luxury, featuring an extra-large chandelier enhancing its ambiance, and all equipment is meticulously maintained. The sale includes $10k worth of inventory, covering strips, various waxes, and eyelash extensions (equivalent to 6 months of stock).

The seller, overwhelmed with business, highlights the location as excellent for hair, nails, and microblading eyelash extensions. Notably, a new building with 500 apartments is opening next to the salon, further enhancing its potential.

Business Operation

Reasons for selling:

Other interests

Employees:
1 FT/1 PT
Years established:
15

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$25,000
Inventory / Stock value:
$10,000 - included in the asking price