Profitable High End Hair Salon Chain / 2 Locations

Oakland, CA (Alameda County)

Seller Financing Available
Profitable High End Hair Salon Chain / 2 Locations
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Asking Price: $299,000

Cash Flow: $160,000

Gross Revenue: $565,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $1,893 per Month

Established: 2015

Profitable High End Hair Salon Chain / 2 Locations

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Business Description

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

Detailed Information

Location:
Oakland, CA
Real Estate:
Leased
Building SF:
384
Lease Expiration:
1/31/2021
Employees:
10
Facilities:
$410 NNN, Hours 8 am to 6 pm
Financing:
$75,000 at 6% for 36 months
Support & Training:
2 weeks, 20 hours per week
Reason for Selling:
Retirement
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Business Team BTI Group

Business Listed By:
BTI Group

BTI Group/Business Team

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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Ad#:1801151

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