TOP RATED SALON - SALES OVER $1.5MM

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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
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
8631 - Beauty Salons and Spas

Location:
Northern California - South Bay

TOP RATED SALON - SALES OVER $1.5MM

Business Description:

This high-end salon is located in one of the Bay Area's most desirable shopping centers. It has consistently grossed more than $1.2MM a year in revenue. The owner is ready to move on after more than fifteen years in the business. There are eleven stylists now; five of them rent their stations. The seller has a manager who helps him with supervision. He has classes for his stylists put on by his suppliers. He's willing to stay with the business for an extended period, and is willing to carry a note for a qualified buyer. The buyer should have experience and a good financial statement to be approved by the landlord.


Asking Price: $429,000


Inventory (included):
$12,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

1120-S

2018

$1,580,048
(Sales)

$166,671
(Adjusted Cash Flow)

1120-S

2017

$1,586,580
(Sales)

$210,831
(Adjusted Cash Flow)

1120-S

2016

$1,670,087
(Sales)

$227,162
(Adjusted Cash Flow)

1120-S

2015

$1,414,065
(Sales)

$164,506
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 4 5
Owners 1 0

Hours of Operation
Mon - Closed; Tues - Fri 10:00 to 9:00; Sat 10:00 to 8:00; Sun 11:00 to 7:00

Licenses Required:

  • Cosmetology
  • EDD
  • BOE

Lease

Monthly Rent Including NNN:
$13,945

Expires:
5-31-22

Option:
No

Size(sq.ft.):
1,368

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Ready for a change after 15 years.

Training:
2 weeks 15 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
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.