Unique opportunity. Largest barber school in NYC. Licensed by department of education and in business for 28 years. Stable business growth and a lot of room for expansion. Located close to transportation, this institute is perfect for someone that wants a new venture and is totally set up to run itself. American Barber Institute for sale. It's certified.
Every student gets a diploma after finishing school and passing the test.
Main location in in Manhattan NY. Located on 3 levels: Ground floor, basement and Mezzanine.
10 people work all together: 6 teachers and 4 administrators.
There are 3 locations right now: Manhattan, Bronx and Florida.
Students practice and charge $3 haircuts, doing 200 haircuts a day.
$1,200,000 gross income. There is a bookkeeper, a CPA, an agent, 6 teachers, etc.
There is also a special project: evaluation of licenses of people from other countries.
Owner can stay and continue working for a salary and train a new owner for a few month.
The business has opportunity to grow rapidly. In about 8 month, students can apply for government grants: Instead of $5,000 per student, they could get much larger amount.
Manhattan Lease $17K mth. (7 years left) 45 chairs. 3,000 sq ft. $500K salaries to workers.
Bronx location rent $3,500mth (10 years left)in good area Westchester Squire, 2,000 sq ft
Florida location $6K mth.(10 years left) 2,500 sq ft in the heart of Coral Springs.
Don't miss this opportunity. Neighborhood highlights
Since 1987
