Mountain View Upscale Salon in High Traffic Area

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Call Us:

Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Gardena: (714) 987-6147
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 327-2700
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
8617 - Beauty Salons and Spas

Location:
Northern California - South Bay

Mountain View Upscale Salon in High Traffic Area

Business Description:

Seller will carry a non interest bearing note to a qualified buyer for $70,000 for 36 months with equal payments of $1,944.44 per month. This is an upscale salon in a high traffic area of Mountain View a very affluent community. The Salon provides full service with full and part time artists. Front desk has full time manager and part-time assistant. Parking is free on the street and in separate downtown parking structure. The owner subject to negotiations would stay as a manager or commission stylist @ 50% w/a minimum of $200 per week in retail sales otherwise 45% or rent a chair @ 275 per week. Sales have increased over the past three years.


Asking Price: $150,000


Inventory (included):
$10,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

12 Months Ended

12/31/2018

$425,813
(Sales)

$147,283
(Adjusted Cash Flow)

12 Months Ended

12/31/2017

$487,490
(Sales)

$152,030
(Adjusted Cash Flow)

12 Months Ended

12/31/2016

$495,426
(Sales)

$107,913
(Adjusted Cash Flow)

12 Months Ended

12/31/2015

$454,057
(Sales)

$133,857
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 3 3
Owners 1 0

Hours of Operation
Fri 10/6 Sat 9/4 Sun cls Mon 10/6 Tues 10/8 Weds 11/7 Thurs 11/9

Licenses Required:

  • BOE/EDD/ Cosmetology/Barber/Business

Lease

Monthly Rent Including NNN:
$13,681

Expires:
9/30/2020

Option:
For 3 years

Size(sq.ft.):
2,631

Miscellaneous

Type of Organization:
Sole Prop

Reason for Sale:
Retirement

Training:
4 weeks 4 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Gardena: (714) 987-6147
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 327-2700
Seattle: 425-957-6180
Stockton: (800) 622-0192

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.