Profitable Hair Salon with Rent Control

San Jose, CA (Santa Clara County)

Profitable Hair Salon with Rent Control
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Asking Price: $110,000

Cash Flow: N/A

Gross Revenue: $360,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $3,000 per Month

Established: N/A

Profitable Hair Salon with Rent Control

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Business Description

Priced to sell, Do not miss out on the rare opportunity!

An excellent opportunity to own an established upscale salon without the upscale rent. The unit is in a rent controlled building with a 5 year lease and option to extend. We are also offering free rent throughout December. With an established reputation and clientele, nestled in an ideal location of one of the more prestigious areas of San Jose.

This spacious salon is primed for growth as they currently are focused solely on hair cutting and styling, but have plenty of room to offer additional services i.e. brows, nails, tanning. The options are only limited by the knowledge and creativity of the right buyer. With 8 chairs and 1 private room there also lies the potential for rental income.

This a turn key opportunity that at the buyer's discretion is ready to continue as is, or equipped for growth and expansion. It's prime location (wholefoods, google, etc) lends itself to a more affluent clientele that, for the most part, have been economically unaffected by recent global events and will be ready to patronize this salon and begin generating income for the new owner immediately once socially policies permit. Don't miss this opportunity!

Detailed Information

Location:
San Jose, CA
Real Estate:
Leased
Building SF:
1,290
Lease Expiration:
N/A
Competition:
5 stars on Yelp (Ranked #3 on organic search for hair salon and barber shop in San Jose) 5 stars on Google 5 stars on Vagaro
Growth & Expansion:
8 chair stations with 1 private room for massage, nails, facials, etc 1 bathroom and 1 break room as well.
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Business Listed By:
brandon arita

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Ad#:1785190

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