Financial Information


  • Asking Price: $150,000

  • Gross Income: $350,012

  • Cash Flow: $318,812

Description

FOR SALE: Turn-Key Boutique Studio & Premium Asset Sale

Location: Prime Astoria, NY | High-Traffic Commercial Corridor

The Offering -A rare opportunity to acquire a fully renovated, turn-key boutique service studio in the heart of Astoria. Known for its intimate, high-end atmosphere, this space has been meticulously designed to cater to a sophisticated clientele. This is an asset sale including a favorable lease, premium infrastructure, and all furniture/fixtures—perfect for an owner-operator or a strategic investor.

Infrastructure & Premium Upgrades

Unlike standard "as-is" rentals, this space has undergone a total professional transformation. The mechanical systems were engineered to handle high-volume service:

· Climate Control: Top-of-the-line HVAC system ensuring a consistent, luxury environment year-round.

· High-Capacity Plumbing: Brand new, oversized water heater specifically installed to support continuous backbar services without downtime.

· Full Buildout: Modern renovation including updated flooring, lighting, and custom millwork.

· Ambiance: Recently refreshed, high-end floral installations that define the "boutique sanctuary" aesthetic clients love.

Lease & Financial Advantage

Secure your business future with a lease structured for long-term growth and stability:

· Term: 3 years remaining on current lease.

· Extension: Includes a 3-year extension option, providing a 6-year total runway.

· Value: Favorable monthly rent compared to current market rates for comparable Astoria commercial footprints.

FF&E (Furniture, Fixtures, & Equipment) Included

The space is being sold as a fully-equipped operation. Key assets include:

· Professional Stations: All existing salon stations and hydraulic chairs.

· The "Pro-Studio" Corner: A dedicated station featuring a brand-new reclining chair and a professional illuminated mirror, ideal for makeup artistry, brow services, or high-detail barbering.

· Retail & Decor: All custom shelving, reception furniture, and signature floral decor.

· Amenities: 1 private, fully renovated bathroom and dedicated storage area.

The Strategic Location

Situated in a high-visibility zone, the studio benefits from:

· Heavy Foot Traffic: Constant exposure to Astoria’s trendy, high-spending demographic.

· Convenience: Minutes from Manhattan via adjacent subway lines, making it an ideal "Satellite Studio" for Manhattan-based stylists or artists.

Ideal Use Cases

This versatile footprint is optimized for:

· The Independent Artist: Transitioning from a home-based business to a professional storefront.

· The Scaling Entrepreneur: A salon, nail studio, spa, or barbering brand looking for a low-overhead, high-impact flagship.

· The Rental Model: A perfect setup for a "Private Studio" collective or rotating chair rental business.

Asking Price: 150k

Property Information

  • Listing Number: 12662
  • State: New york
  • County: Queens

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