Specialty Hair Salon in North Oakland

Listing Number: 012722-460783

Description

Transworld Business Advisors of Fremont DRE# 02194963 presents:

Price reduced to just $75K!!!

Highly sought after salon in a strategic and desirable location. Established in 2002, the salon specializes in fashioning all types of hair with color in a relaxed and calming environment. They have developed proprietary hair coloring formulas that will be transferred with the sale. The salon enjoys high brand awareness and has a recurring client base prepared to pay top dollar for an outstanding service experience. The salon also generates additional revenue by selling unique hair supplies and accessories. Price includes $5K in inventory.

The owner is retiring and currently only works 3 days a week. The new owner can make a lot more money by working 6 days a week. There is one full time employee as well as one independent contractor who rents a station in the salon. There are 4 additional hair cutting and coloring stations that are not currently staffed, plus 3 hair drying stations and 2 hair washing stations. There is also a large water heater and a washer/dryer. The new owner can increase business substantially by working additional days, hiring more stylists/contractors as well as by growing the retail business.

This is an ideal opportunity for an experienced stylist who wants to own a business. The seller is offering 3 weeks of free training.

Agent: Shailendra Gupta DRE# 02169356

Listing Details

• Price: $ 75,000
• Down Payment: $75,000
• Sellers Discretionary Earnings: $ 0
• Total Sales: $ 0
• Location: Alameda County, California


• Inventory: $ 5,000
• FF&E: $ 6,050
• Employees: 1
• Year Established: 2002
• Reason for Selling: Retirement
• Category: Beauty/Personal Care