Sunday, May 20, 2012
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Listing Details - TOP MIDTOWN MANHATTAN BEAUTY SALON

TOP MIDTOWN MANHATTAN BEAUTY SALON
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New York, NY - New York, New York

Seller Financing: Yes
Lender Pre-Qualified:
Listing ID: M43564
Status: Sold

Listing Details

Listed Price: $375,000
Down Payment: $200,000
Total Sales: $900,000
SDE: $275,000
EBIT:
EBITDA:
FFE: $150,000 Included? Yes
Real Estate: Included? No
Inventory: $5,000 Included? Yes
A/R: Included?
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Contact Information
Mel Lisiten
Office:
Cell:
Fax:
Email: mel1real@aol.com
Send Email To Agent
Reason for Sale: Owners retiring after 30 years, but want to see that their clients are well taken care of and will work to see that new owners are firmly established before leaving.
Training: Management will stay on fulltime for 6 months + to insure a complete and successful transition.
Financing Terms: Seller will consider some financing

Operations

Year Established: 1995
Last Acquired:
Form of Ownership:
Home Based:
Relocatable: No
Type of Location:
Absentee Owner:
Online:
Employees: Full Time: 4 / Part Time: 2
Managers:
Hours:
Owner Hours:
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire:
Option:
Lease Terms:
Lease Security:
Monthly Rent:
Square Footage: 2000
Facilities: 2000 sq. ft. State-of the Art Facility in a Beautiful Building in Busy Midtown Manhattan.

Summary

Business Description: This Well Known Salon Specializes in Top Quality Cuts and Color. It is located in A Beautiful Well appointed Facility with 3 Genius Colorists and 3 Fabulous Haircutters. Located in Midtown Manhattan in a Quality Location. For more information log on to: www.lisitenassociates.com. Fill in and return the NDA TO : 212 661-4285 . We will then contact you with the information that you seek. www.lisitenassociates.com
Historical Summary:
Owner Qualifications:
Competition: This Salon has a Steady Dedicated Clientele
Potential Growth:
  
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