Prestigious Midtown Salon: Couture- Possible Partnership

Asking Price$1,250,000

Cash Flow
$528,771
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,080,658

Inventory$15,000
Not included in asking price
FF&E$300,000
Included in asking price
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Prestigious Midtown Salon: Couture- Possible Partnership


Asking Price$1,250,000

Cash Flow
$528,771
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,080,658

Inventory$15,000
Not included in asking price
FF&E$300,000
Included in asking price
Business Description
This prestigious midtown salon owned and operated by a celebrity stylist seeks a buyer or partner/investor. A stunningly built-out salon in the heart of Manhattan, it caters to the city’s most particular and loyal patrons. From the services offered to the space design to the impeccable customer service, everything about this business says “Custom Quality.” Not only does the salon perform stylish cuts and color, it specializes in meeting the needs of those with fine or thinning hair, and offers custom-designed hair pieces, wigs and extensions. The salon’s own hair additions are made from the finest-quality human hair and are expertly cut, colored, styled, hand-finished and personally adjusted. The salon offers hundreds of types of hair extensions, additions, wigs and hairpieces, and has its own product line.
Clients come from all over the NYC area, the U.S. and abroad for services that start with a personal consultation to determine each client’s specific needs, such as thicker hair, longer hair, more hair, customized color or other image enhancements. All consultations and services take place in large, private rooms to allow the ultimate in comfort and discretion, or on the lively salon floor. The staff of 25 includes eight stylists.
About the Business
Years in Operation
33
Facilities & Assets
Hours: Tuesday-Friday 9am-5pm, Saturday 8am-5pm. Closed Sunday & Monday.

The Salon has a Beautiful new location featuring four VIP styling rooms, two VIP shampoo rooms, one consultation room, four shampoo stations, an open area with ten chairs, two restrooms, a backroom work area and basement storage.

Lease: 2,500 sq. ft. on the second floor, plus basement storage and office (on separate floor). Below-market rent at $16,480/month, plus property taxes.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$20,300.00 per month
About the Sale
Seller Motivation
Other Interests
Transition Support
4 weeks
Listing Info
ID
1800742
Listing Views
2589

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Business Listed by: Bob Dunphy Transworld Business Advisors of NY

Listing ID: 1800742 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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