Business For Sale

Ultra Upscale Salon for Sale

Not Disclosed, CA
Solano County


Asking Price: Annual Revenue:
$95,000 $165,500

Services: Hair, Nails, Spas, Tanning


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RE: Ultra Upscale Salon for Sale Broker: Don Glidewell

Quick Facts

Asking Price: $95,000
Annual Revenue: $165,500
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 1
BBN Listing #: 822651382
Broker Reference #: 16951-425118

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Business Overview:

This salon is a cut above the average salon. Occupying space which was built in 1927 to house the then bustling Bank of Suisun. The salon owners have meticulously restored the building to its original grandeur and maintained the Mediterranean style typical of the 1920’s – 1930’s. The original vault doors remain visible as you enter the vault, or should I say lather room.

Parking is a breeze on this corner location and public parking.

Everything about this facility makes it highly desired for sub-let chair rental. The high visability, ample parking, location, and the 10 stations have generous individual storage so stylists can leave their tools of the trade at the shop or even enough room to share a station..

This is why the margin between rental income and rental expense is so positive and can be increased even more.

Talk about “Spa-Draw” Located on the corner of Main & Sacramento streets in the historic town of Suisun, Knotty Hair Salon is highly visible with customer draw from within the town and several cities a short drive or train ride away. That’s right by train! The nearby Suisun City train station services the highly used Capital Corridor route making it possible to come spend some time getting your hair styled, walk the waterfront, eat lunch at one of the many great restaurants, then sit back and enjoy the ride home aboard the train!

The successful new owner can either be a stylist or someone who has a flare for marketing and management. The current owner/stylist works part time at styling and generates cashflow from the salon product sales and station rentals. Both revenue sources could be increased easily by a new owner as the current owner is also a full-time mom and has her priorities set according. Seller will assist with the transition to new owner and is willing to rent back a station depending on your preference.
At the current and stable historic levels of cash flow, this opportunity is being offered at less than two times net cashflow which is a steel particularly considering the untapped additional potential! Act now this opportunity will not last long. Sale will include salon furniture, fixtures, leasehold improvements (subject to terms of lease) lease transfer, plus inventory at cost (TBD at time of sale), non-compete, training, well developed website, other marketing materials, know-how and assignment of sublet rental agreements.

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:

Remodeled this classic building 9 plus years ago. Very spacious, could add other revenue sources.

Market Competition and Expansion:

Excellent revenue growth potential. 6 of 10 chairs are rented att 40% more revenue. Add more services; good foot traffic for supply sales; market to broader area with easy access.

Reason for Selling:

Change

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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