Category:
11500 - Beauty Salons and Spas
Location:
Northern California - Peninsula
Business Description:
Now is the prime time - right before the busy holiday season - to own a renowned franchised blow dry and beauty salon in the heart of Bay Area. Located in a high-traffic shopping center, this salon maintains consistently high-rated Yelp reviews. Growing membership base accounts for recurring revenue. Facilities upgraded with high-end equipment creating a sophisticated ambiance. With experienced management in place, a new owner may enjoy flexibility of running business remotely. A dedicated staff of stylists and make-up artists ensures smooth operations. Motivated Seller invested considerable time & capital to launch salon and seeks fast track close as she has decided to focus on FT job.
Inventory (included):
$10,000
7 Months Ended
7/31/2024
$171,946
(Sales)
$14,984
(Adjusted Cash Flow)
12 Months Ended
12/31/2023
$269,784
(Sales)
($16,764)
(Adjusted Cash Flow)
12 Months Ended
12/31/2022
$40,559
(Sales)
($11,394)
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 1 | 8 |
Owners | 0 | 0 |
Hours of Operation
Mon to Sat: 9-6
Sun: 11 - 4
Licenses Required:
Monthly Rent Including NNN:
$5,050
Expires:
12/31/2028
Option:
For 5 years
Size(sq.ft.):
1,338
Type of Organization:
S Corp
Reason for Sale:
Exiting Business
Training:
4 weeks 10 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.