Hair Salon

Hair Salon

Available

$150,000.00

Listing Number :

 4011

Status :

Available

Price :

$150000

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Area

1100

Description

Location 1). Asking price for this location is $150,000.

The seller has another location in different location which is in great area with plenty of loyal customers who are using his services in different locations. In this location there are 6 x Styling Chairs which are rented for $2,450/m each. He has an employee with payroll of $3,500/m. This location is about 1,100 sq.ft. and Lease expires 2023 with 1 x 5 years options. The seller is downsizing as he is relocating his resident from this state.

Location 2). Asking price for this location is $250,000

This is a 1,760 sq.ft. Hair Salon located in well populated and busy part of  San Jose. Base Rent for this location is $4,430.00 a month. There are 3 x Shampoo Bowls, 1 x Facial Room, 1 x Break Room Washer & Dryer and an office. there are 12 Stations and Rent for each station is $1,200/m. This busy Hair Salon has 9 x Stylists and 2 x Manicurists. By Renting 4 of the stations the monthly Rent for this hire salon is covered. 4011

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established:
Year Purchased:
Business Type: Hair Salon
License(s) Required: business, Cosmetology
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 4011
Date Available: 12/6/2020
Reason For Sale: Moving from the State
Annual Total Revenue:
Annual Net Income: 100000+
Inventory:
Monthly Payroll: 3500
Lease Information
Base Rent:
Lease Expires: 2023
Lease Option: 1 x 5 years option
NNN:
 
Financing Information
Down Payment: 150000
Owner Will Carry:
Other Finance Terms:

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