Category:
MO11505 - Beauty Salons and Spas
Location:
Northern California - Central Coast
Business Description:
Hair salon, long-established since 2005, is for sale In Monterey. There are 8 salon stations and 2 hair shampoo sinks. Along with the owner, there is 1 independent contractor paying rent for 3 days/week. The rent is $3500 + $800-1200 NNN/month The lease is month-to-month since Covid. It is well-located on a busy main street in a neighborhood shopping center with a gas station & franchised restaurant. The property is adjacent to a very busy grocery chain and a major intersection.
12 Months Ended
12/31/2023
$190,921
(Sales)
$75,385
(Adjusted Cash Flow)
12 Months Ended
12/31/2022
$175,601
(Sales)
$74,132
(Adjusted Cash Flow)
12 Months Ended
12/31/2021
$92,660
(Sales)
$36,288
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 0 | 0 |
| Owners | 1 | 0 |
Hours of Operation
Mon-Sat 10am to 6pm and Sun up to 4pm
Licenses Required:
Monthly Rent Including NNN:
$4,500
Expires:
Mo-to-mo
Option:
No
Size(sq.ft.):
1,265
Type of Organization:
Sole Prop
Reason for Sale:
Family
Training:
2 weeks 40 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.