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Hair Salon

  • Status: Sold
  • Price: $120,000

Anne Shay

License No:
DRE #02111828
Email:
anne@lbaweb.com
Office:
925-932-2450
Mobile:
415-601-7776
  • Listing No: 4350
  • Status: Sold
  • Area: Alameda County
  • Price: $120,000

Description

Seller Financing Available with 50% down

This is an established 20+ years fashion hair styling salon and day spa in Alameda County featuring Aveda products. Salon is 900SF – with grandfathered-in low rent of $2700/month. Modern romantic setting with beautifully appointed lighting fixtures and a modern vibe, great Yelp reviews on hair styling and coloring. Salon has 10 hair styling stations, 3 shampoo bowls, a massage/spa room, and small break room with kitchen with refrigerator and microwave. 8 of the stations are rented to independent stylists who have been with the Salon for many years, and the private room is rented to a massage therapist -producing steady net rental income of over $60K/year for Owners. Seller claims average monthly gross of about $ 15K. Rent $2700 – landlord pays water/garbage. Seller claims lease is negotiable with landlord at about same rent for new owner. Sellers are hair stylists, and are open to seller financing for a qualified Buyer(s), and willing to stay on to transition new owner(s)

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Hair Salon
License(s) Required: Business
Hours of Operation: M-Sun 10am – 7pm
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4350
Date Available: 12/01/2023
Reason For Sale: Retirement

Financial Information

Annual Total:
$15,000/m
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
$2700/month
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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