This very profitable 2,000 sq. ft. ground floor hair & nail salon is located in the heart of midtown Manhattan, just off of Fifth Avenue. Rent is only $8,240 month, water is included, and increases 3% annually. While there are only 4 years left on the lease, the landlord is willing to negotiate a longer one.

Asking less than 2 X its cash flow of $209,734, this classy and spacious salon is a bargain at $399,000 (only $299,000 down and $100,000 in seller financing). The current owners have launched a separate international distribution business and are each now only present at the salon 2 days/week. A new full-time hands-on owner could turn this salon into a gold mine.

Monthly promotions bring in midtown workers and tourists looking for a deal. With 12 styling chairs, there's plenty of room for walk-ins. Behind the main cutting floor is a full-service nail salon that generates meaningful business from its workweek mani-pedi specials. The salon also keeps up with the latest in products, including brushes, flat irons, and blow dryers, along with top-of-the-line shampoos and styling aids.

In addition to its core retail focus, the business derives another $150,000 in revenue from wholesale (you will be able to build on this) and $12,000 from subletting some of its basement space. Please contact to receive the salon's address to do a discreet walk by. Email or call Senior Vested Business Broker Jay Goldman at 646-670-1961 for an appointment to take a full tour and speak with the seller.