Beauty Salon For Sale - Willow Glen Area
Location California,United States
Asking Price Range < $250K
Gross Revenues $346371
Net Profit / Cash Flow $117820
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 1 - 3
Inventory 3000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks
Reason for Sale Career change
Description This charming beauty salon is located in a neighborhood shopping center in the Willow Glen area of San Jose. It has been established for over 8 years. All the equipment is in excellent condition. The attractive decor provides a modern and soothing environment. The build out cost was significantly higher than the asking price. The business provides service from massage, facials, hair dressing, nails, make up to pedicures and manicures. A well designed website is also included which provides great potential income for online sales. It has 1,815 sq ft with five separate rooms. The business has been growing for the past few years and this year the profit has increased significantly. Currently there are 10+ estheticians, nail techs, hair dressers, massage therapist, and makeup artist who are on either commission split or rental basis. A store manager and an assistant manager are also in place. The owner is an esthetician who is willing to stay as a renter if the new owner desires. Most of her customers are transferable and she will eventually pass them to the new owner. She is motivated to sell in order to go back to school to pursue a different career. Seller financing is available for a qualified buyer. ASking $150,000. Ref#7908
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