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Listed by:

BTI Group

Broker license number: 01160661

Profitable High End Hair Salon Chain Two Locations For Sale

Oakland, California - North, US
Asking Price:
$299,000
Sales Revenue:
$565,000
Cash Flow:
$160,000

Here's your chance to own two fully established profitable high-end salons under one brand/chain. Both salons are located in two popular bay area locations. 
Highlights: 
- Both locations are turnkey and ready for business.
- All equipment is new and up to date. 
- Conveniently located close to major freeways with ample parking. 
- Both salons are in shopping / downtown areas with heavy foot traffic.
- Room to expand into nail, brow, or several other cosmetology services. 
- (Location 1) Average Sales for 2018 & 2019, $435,000 & $445,000, SDE = $120,000  
- (Location 2) Average Sales for 2018 & 2019, $110,000 & $120,000,  SDE = $40,000    SF10331

Property Information

Real Estate:

Lease

Lease Terms:

The current lease will expire on 1/31/2021

Leasehold Rent:

$1,893 per annum

Size in square feet:
1,371

Business Operation

Reasons for selling:

Retirement

Trading hours:

8 am to 6 pm

Employees:
1 FT
Years established:
2015

Other Information

Support & training:

2 weeks, 20 hours per week

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

Listed by

BTI Group

Broker license number: 01160661

Contact BTI Group

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