Business For Sale

Upscale Hair Salon/Spa room on El Paseo Drive

Palm Desert, CA
Riverside County


Asking Price: Annual Revenue:
$48,000 $60,000

Services: Hair, Nails, Spas, Tanning


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RE: Upscale Hair Salon/Spa room on El Paseo Drive Broker: Michael Manion
License #: 01256725

Quick Facts

Asking Price: $48,000
Annual Revenue: $60,000
Net Profit: $9,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 6
BBN Listing #: 296654110
Broker Reference #: Not Disclosed

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Business Overview:

The salon occupies a 1,250 square feet space that includes attractive FF&E that fits in with the upscale feel of the surrounding area. There are six individual stations and one private facial room, and the stylists are independent contractors who pay rent. The salon does not presently sell products, leaving significant room for upside.

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Property Features and Assets:

Don't miss this opportunity to own a well-located beauty salon in the world famous El Paseo shopping district in Palm Desert. The El Paseo Shopping District features over 300 world-class shops, clothing boutiques, art galleries, jewelers, restaurants and more. El Paseo is a beautifully maintained picture-perfect setting referred to as the Rodeo Drive of the Desert.

Market Competition and Expansion:

The salon presently does not sell products, thereby providing significant upside by adding a line of beauty products that matches the demanding tastes of the existing clientele. Also, the new owner may wish to convert to an employer model versus an independent contractor model that rents out workstations. The current lease expires is 2020, with an option period through 2025.

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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