American Barber Institute for sale.

New York, NY
listing image
Asking Price:$999,999
Rent:$17,000
Gross Revenue:$1,000,000
Established Year:1996
BUSINESS DESCRIPTION

School for Barbers: American Barber Institute

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 $1.2 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.

Financial assistance options include Veterans GI BILL® and Access VR, with convenient payment plans available. The business includes a team of 5 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!


DETAILED INFORMATION
Location
New York, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Employees
10
Facilities
In the heart of Manhattan a large space located on 3 floors. Guarantied income.
Competition
Very busy.
Growth & Expansion
There is a huge opportunity for grows.
Financing
No seller financing
Support & Training
Owner will train a new owner for a few month.
Reason for Selling
Seller is retiring
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Diana
Melerud
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Diana Melerud