High End Hair Salon Chain / 2 Locations

Oakland, CA
Alameda County


Asking Price: Annual Revenue:
$350,000 $439,448

Services: Hair, Nails, Spas, Tanning


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RE: High End Hair Salon Chain / 2 Locations Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $350,000
Annual Revenue: $439,448
Net Profit: $128,230
Cash Flow: $128,230
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 10
BBN Listing #: 7240931
Broker Reference #: SF10331

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Business Overview:

Here's your chance to own two fully established high-end very profitable salons under one brand/chain. Locations can be purchased together or separately.

Seller finance up to $75,000 of the listing price.

Highlights: 
- Both locations are turnkey and ready for business.
- 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.

- (Oakland 987 Square Feet) Average Sales for 2018 & 2019, $435,000 & $445,000, SDE = $120,000

- (Berkeley 384 Square Feet) Average Sales for 2018 & 2019, $110,000 & $120,000,  SDE = $40,000   SF10331

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The current lease expired on 1/31/2021, Rent $1,893, 384 square feet, Hours 8 am to 6 pm.

Reason for Selling:

Retiring

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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