Specialty Hair Salon In North Oakland
Oakland, CA Alameda County
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- RE: Specialty Hair Salon In North Oakland
- Contact: Shailendra Gupta
Quick Facts
| Asking Price: | $75,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $6,050 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2002 | |
| Employees: | 1 | |
| BBN Listing #: | 251663668 | |
| Broker Reference #: | 012722-460783 |
Business Overview:
Transworld Business Advisors of Fremont DRE# 02194963 presents: Price reduced to just $75K!!! Highly sought after salon in a strategic and desirable location. Established in 2002, the salon specializes in fashioning all types of hair with color in a relaxed and calming environment. They have developed proprietary hair coloring formulas that will be transferred with the sale. The salon enjoys high brand awareness and has a recurring client base prepared to pay top dollar for an outstanding service experience. The salon also generates additional revenue by selling unique hair supplies and accessories. Price includes $5K in inventory. The owner is retiring and currently only works 3 days a week. The new owner can make a lot more money by working 6 days a week. There is one full time employee as well as one independent contractor who rents a station in the salon. There are 4 additional hair cutting and coloring stations that are not currently staffed, plus 3 hair drying stations and 2 hair washing stations. There is also a large water heater and a washer/dryer. The new owner can increase business substantially by working additional days, hiring more stylists/contractors as well as by growing the retail business.
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Property Features and Assets:
Monthly Rent: $2,800.00
Square Units (Foot, Meter): 850
Lease Expiration Date: September 30, 2026, 12:00:00 AM
FF&E Overview: 6 Hair Cutting & Coloring Stations, 3 Hair Drying Stations, 2 Hair Washing Stations, Large Water Heater, Washer, Dryer, Reception Counter, Retail Area Furniture and Cabinet, Special Lighting
FF&E General Condition: Excellent
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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