High End Beauty Salon With Room To Grow For Sale

Business description

Price reduced! This high-end salon has a reputation for high quality care, a steady flow of seasoned clientele, and lots of room for growth. Excellent location on a major commuter street in an affluent area, has good visibility and easy parking, and is only a 1 minute walk from Muni. Tastefully remodeled in 2006 with all new equipment. This is a perfect turnkey opportunity for anyone with beauty experience who wants his or her own shop or for a current salon owner looking to expand. Two story building is underutilized: Main floor has 4 hair stations, 2 nail stations, 2 wash stations, 2 rooms for facial and wax services. Upstairs is unused: 2 rooms plus shower and bath; can be office, massage rooms, apartment, etc. In addition to the owner's station, only 1 hair station is currently rented and there is 1 manicurist. Seller is willing to stay for a few months and rent a station if the new owner desires. Buyers must meet with seller to appreciate full income potential. Seller is highly motivated.

Property information

Real Estate:

Lease

Lease terms:

Current term expires 2/28/2011 + 5 year option

Leasehold rent:

$39,600 per annum

Location:

San Francisco

Premises details:

Two story building is underutilized: Main floor has 4 hair stations, 2 nail stations, 2 wash stations, 2 rooms for facial and wax services. Upstairs is unused: 2 rooms plus shower and bath; can be office, massage rooms, apartment, etc. In addition to the owner's station, only 1 hair station is currently rented and there is 1 manicurist.

Size in square feet:

4,000

Other information

Expansion potential:

Lots of room for growth through advertising and promotion, renting unused hair and manicure stations. Can also add massage.

Support & training:

Owner is willing to stay for few months and rent a station if the new owner desires

Reasons for selling:

Relocation

Trading hours:

Monday-Saturday 10-8

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

$60,000 at 8% for 48 months

Inventory / Stock value:

$3,000 (included in the asking price)