Category:
10752 - Beauty Salons and Spas
Location:
Northern California - South Bay
Business Description:
This high end hair salon with strong social media presence is located near downtown San Jose. It has been established for almost 10 years with many repeat customers. The owner has another salon in South Bay. All tax returns are combined. The revenues shown are for this salon only. The salon was closed for 6 months in 2020 due to pandemic, and quickly got back on track after it’s reopened. This is a successful hair salon that is marketed at only asset value. The owner is motivated to sell in order to focus on her other salon. Owner financing is available to a qualified buyer. The name of the salon is not included in the sale. Ref# 10752
Inventory (included):
$15,000
12 Months Ended
12/31/2021
$512,628
(Sales)
$0
(Adjusted Cash Flow)
12 Months Ended
12/31/2020
$246,854
(Sales)
$0
(Adjusted Cash Flow)
12 Months Ended
12/31/2019
$532,154
(Sales)
$0
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 0 | 5 |
| Owners | 0 | 1 |
Hours of Operation
Mon-Sat: 9-8, Sun: 10-5
Licenses Required:
Monthly Rent Including NNN:
$5,455
Expires:
12/31/22
Option:
For 5 years
Size(sq.ft.):
1,420
Type of Organization:
Sole Prop
Reason for Sale:
focus on the other salon
Training:
2 weeks 20 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.