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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
17357307
17357308

48 West 39th Street, New York, NY 10018

$1,000,000
780 days on market
Updated 493 days ago

48 West 39th Street

Details
Property Type Land
Sub Type Commercial, Other
Square Footage 3,000
Lot Size (SqFt) 3,000
Ceiling Height 16-20 Foot

Land | 3,000 SF

Marketing 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!
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