$1,000,000
Est. payment /mo
3,000 SqFt
Active
48 West 39th ST New York, NY 10018
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UPDATED:
12/26/2024 05:39 PM
Key Details
Property Type Commercial
Sub Type Business Only
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $333
MLS Listing ID 478948
Property Description
For Sale: American Barber Institute – Established Barbering School in Manhattan** Own a thriving, highly respected barbering school located 48 West 39th Street between 5th & 6th avenue, in the heart of Manhattan. The school spans 3,000 sq. ft. across three levels with 42 barber chairs and has 30 years of stable business with an annual gross income of $1.5 million. Modern facilities with a lease of $17,000 per month and 7 years remaining. NYS Certified and licensed by the Department of Education, the institute offers a comprehensive Master Barber Program combining theory and practical training over 4 months, preparing students for the NYS Board Exam. Over 3,000 sq ft 3 floor Manhattan Location. One of only 6 barber schools. Over 40 years in the business. People come to get education from all over New York areas: Brooklyn, Queens, Staten Island, Long Island, Bronx, Manhattan etc. Over 200K social media advertising. The search engine, Facebook, Ticktock, etc. There is a team of people that advertise, like google adds, etc. Loyal people management taking care of the business for many years without owner present. Financial assistance options include Veterans GI BILL® and Access VR, with convenient payment plans available. The business includes a team of 6 experienced teachers and 5 administrators, offering significant growth potential in a booming industry. The current owner is willing to stay on board for a few months, work for a salary, and assist in training the new owner for a smooth transition. Don't miss this rare opportunity to own an established, profitable barbering school in one of the world's busiest cities. Contact us today for more information!
Location
State NY
County New York (manhattan)
Area Midtown
Zoning C-1
Rooms
Basement Finished, Full
Interior
Interior Features Elevator – Freight, Security Alarm, Window Display, Other
Flooring Concrete
Equipment Barber chairs, mirrors, etc.
Exterior
Exterior Feature Brick
Utilities Available Septic, Water
Roof Type Flat
Present Use Other
Handicap Access Yes
Building
Foundation Poured Concrete
Others
Financing Bank Mortgage,Cash
Listed by Superior Realty Service