See Similar Listings

Luxury hair salon 5th Ave Manhattan

New York, NY
listing image
Asking Price:$1,000,000
Gross Revenue:$1,300,000
Established Year:2022
Cash Flow:$250,000
Rent:$10,000/Month
Listing ID: 2246910Listing provided by BizBuySell
BUSINESS DESCRIPTION

High-end salon, best location in Manhattan

Beautiful hair salon location on the first floor of luxury historic hotel in midtown Manhattan. Currently 8 technicians with 4 supporting staff. 14 total stations; 8 chairs on main level and 6 chairs on mezzanine level. 6 shampoo bowls with electric reclining Takara Belmont massage chairs. 1 manicure station and private pedicure room, 1 eyebrow station, 2 kitchens, 2 restrooms, 2 changing rooms, 1 coat room and employee break room with lockers, fridge and microwave, and extra salon storage for back stock, etc. Large front desk with room for 2 desktop computers, and extra large filing/storage drawers behind.

DETAILED INFORMATION
Location
New York, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,300
Lease Expiration
01/06/2027
Employees
12
Facilities
14 total stations; 8 chairs on main level and 6 chairs on mezzanine level. 6 shampoo bowls with electric reclining Takara Belmont massage chairs. 1 manicure station and private pedicure room, 1 eyebrow station, 2 kitchens, 2 restrooms, 2 changing rooms, 1 coat room and employee break room with lockers, fridge and microwave, and extra salon storage for back stock, etc. Large front desk with room for 2 desktop computers, and extra large filing/storage drawers behind.
Competition
the market is doing extremely well and is made even better by our location in the heart of Manhattan. The owner and lead stylist is extremely established and has amassed a large clientele including many socialite and celebrity clients. If sold, the owner would ideally like to stay on under the new owners to continue to service his loyal clientele.
Reason for Selling
Owner preparing part-time relocation
Report an Issue with this listing
Business Listed By:
Not Disclosed
Listed By: Not Disclosed