Construction
Financial summary
Comparable pricing
18% below marketComparable Construction businesses sell at a median of 2.9x SDE, based on several listings. This one asks 2.4x, about 18% below that median. At the comparable median it would price ~$91K.Methodology refines over time.Comparable Construction businesses sell around $91K vs this $75K ask.
Methodology refines over time.
SBA financeability
Businesses in construction & specialty trades are commonly SBA-financed. The figures below are the industry-category norm from SBA 7(a)/504 lending, a gauge of how financeable a deal like this tends to be.
Construction & Specialty Trades benchmarks
Typical SBA leverage
64%
Industry charge-off
1.8%
Common term
10 yr
Median loan
$148,000
Active lenders in this category: The Huntington National Bank, U.S. Bank, National Association, TD Bank, National Association.
Based on 45,914 SBA loans · source: SBA 7(a)/504 FOIA, as of 2026Q1 · industry-category level.
Detailed information
Low multiple.
Linked page lives on the broker site, not on OpenAcquisitions.
Key points
Business 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
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