Giveaway Price on Salon Very Low Lease

Redmond, WA
King County

City center very high traffic


Asking Price: Annual Revenue:
$63,000 Not Disclosed

Services: Hair, Nails, Spas, Tanning


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RE: Giveaway Price on Salon Very Low Lease Broker: Becky SMITH

Quick Facts

Asking Price: $63,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $5,300
Real Estate: Not Disclosed
Year Established: 2000
Employees: 4
BBN Listing #: 346051531
Broker Reference #: hqtrslnred

Email or Print Listing

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Business Overview:

A giveaway price and a better than great location on a skincare and hair salon in downtown Redmond. With a front door and back door that opens to 2 different high traffic streets and both have great signage and visibility. So, you got’em coming and going. Basically, you have 2 front doors.

As far as location goes “IT DON’T GET NO BETTER THEN THIS.” Oh yeah, lots of parking at either of the FRONT DOORS. A salon has been here at this location the heart of Redmond for 20 years. A very high-density area for the flow of people and traffic.

Salon has six hair beauty stations and 2 very private skincare rooms. The 6 hair stations are very nice as you can lease them to contractors and make your monthly lease just disappear. Currently, the owner has 3 of the 6 hair stations leased out which takes a major chunk out of the monthly lease.

And as long as we are talking about the lease it is one of the best on the eastside at a very low rate of $2,770 per month. For such a highly visible hot spot it’s truly a sweet deal.

Lots of life left on the lease as it does not expire until 2025 and has an option to extend so keep your scissors sharp as you’re gonna be here for a while.

A totally turnkey salon with very little or NO remodeling necessary it’s ready to go right now. All the equipment is owned and included in this giveaway price. The size is about 1100 square feet big. The current owner has owned this since 2016.

This downtown Redmond area is not shrinking or going away, as a matter of fact, the downtown area is growing in leaps and bounds. Right out one of the front doors the Light Rail will be put in so that to figures to make this busy street, even more, better and busier. The future here is bright so this is a solid business investment.

This is not a franchise so you can take this salon and offer what services you want. Whether you’re a newbie to the salon game or an old pro this is definitely a money location. The current owner does little to almost NO retail sales here so here is an area that many more dollars can be made.

The owner has family concerns and that’s the reason she wants to sell. So you can own your own salon in a prime time location for a low monthly lease. This has got to be one of the better salon deals on the market.

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Property Features and Assets:

The monthly lease is only $2,770 and the Triple Net is included. The lease is assignable and has an option to renew. The current lease expires in 2025. Salon has six hair beauty stations and 2 very private skincare room. Size is about 1,100 square feet. Has 2 front doors both entrances have great signage and visibility from two separate busy streets. Also, both entrances have lots of parking.

Market Competition and Expansion:

The current owner does little to almost NO retail sales here so here is an area that many more dollars can be made. This is not a franchise so you can take this salon and offer what services you want. Whether you’re a newbie to the salon game or an old pro this is definitely a money location.

Reason for Selling:

Seller has family concerns.

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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