Profitable High End Hair Salon Chain / 2 Locations

Oakland, CA
Alameda County


Asking Price: Annual Revenue:
$29,900 $565,000

Services: Hair, Nails, Spas, Tanning


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RE: Profitable High End Hair Salon Chain / 2 Locations Broker: Francisco S
License #: 01160661
Owner Financing is Available!
$75,000 at 6% for 36 months

Quick Facts

Asking Price: $29,900
Annual Revenue: $565,000
Net Profit: $160,000
Cash Flow: $160,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 1
BBN Listing #: 7385931
Broker Reference #: SF10331

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Business Overview:

Here's your chance to own two fully established profitable high-end salons under one brand/chain. Both salons are located in two popular bay area locations. 
Highlights: 
- Both locations are turnkey and ready for business.
- All equipment is new and up to date. 
- Conveniently located close to major freeways with ample parking. 
- Both salons are in shopping / downtown areas with heavy foot traffic.
- Room to expand into nail, brow, or several other cosmetology services. 
- (Location 1) Average Sales for 2018 & 2019, $435,000 & $445,000, SDE = $120,000  
- (Location 2) Average Sales for 2018 & 2019, $110,000 & $120,000,  SDE = $40,000   
SF10331

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Property Features and Assets:

The current lease will expire 1/31/2021, Rent $1,893, + $410 NNN, 384 square feet Hours 8 am to 6 pm.

Reason for Selling:

Retirement.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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