Asking Price: $220,000

Gross Revenue: $250,000

Cash Flow: $50,000

Inventory: $1,000 (Included in Asking Price)

FF&E: $40,000 (Not Included in Asking Price)

Seller Financing: Seller is prepared to carry a note

This relatively new (almost 2 years), beautifully designed and laid out Salon caters to all beauty needs, such as Hair Salon, Nails (incl. Brazilian style), pedicures, waxing, facials, body scrubs, mud treatments & massages. The salon is elite and very well-maintained and in a busy location, with a strong local following, and about 30-35 new customers a month, with no advertising. With an additional investment the basements could be utilized to double or treble the volume of business. Advertising would increase business exponentially, as would longer hours - currently Mon - Sat 10am - 8pm.

Year Established: 2006

Employees: 7 full time -

Facilities: The first floor space is approx. 1500 sq. ft, with two additional unused basements. Lease expires in 2015. Furniture includes counter, waiting room chairs, 4 hair salon chairs, 2 luxury pedicure chairs, massage room with bed etc. and beautiful light fixtures & decor.

Market Outlook and Competition: This Beauty Salon is in a great location in Tribeca, with no direct competition in the immediate vicinity. The business currently only occupies the ground floor, and there are two levels of basement that have not been utilized at all, although the current owner has already started to convert one basement to small massage rooms. Space can be tripled with moderate investment. Possibility of including Botox treatments etc.

Management Training and Support: Seller is prepared to help buyer transition into new business for 2-4 weeks

Reason For Selling: Seller wants to pursue other interests