$1,200,000 • living size area 3000 sqft

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.

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