SB542 Full Service Salon & Spa

Russ and Pat Lee

I wanted to thank not only Joan for helping me find the best business but also her assistant Patrick. They work as a team, and when Joan’s tied up, Patrick always had answers for me. It’s like having two people working to help you find a business. We appreciate it! Thanks for not letting us get into the food business in Santa Cruz. more...

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Listing Information

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Full Service Salon & Spa
Listing ID: SB542	Location: SF East Bay Area
Broker:	Eric Nielsen, Ph:(408) 436-1900
Brief: Prestigious salon located in affluent community next to upscale shops & restaurants.

Listed Price:

$70,000

Total Sales:

$158,400 (2005)

Seller's Discretionary Earnings:

$64,800 (2007)

Fixtures Furniture, & Equipment:

$7,500 (Included in Purchase Price)

Real Estate:

N/A

Inventory:

$1,000 (Included)

Financing / Terms:

Seller will negotiate financing for a qualified buyer.

Business Information

Year Established:

2003

Number of Employees:

1 PT Support Staff; 1 FT Working Owner; Contractors: 6 FT; 4 PT

Days and Hours of Operation:

Tuesday-Saturday 9a.m.-7p.m.

Relocatable:

Facilities / Location:

2,000+/- sq. ft. building

Lease Information

Lease Expiration Date:

Nov. 2008

Option:

available

Monthly Rent:

$3,500 per month

Security Deposit:

$1,700

Additional Information

Reason for Selling:

Change in life focus to start a family

Business Description:

This Salon is a full service salon and spa located in the historic downtown area of an affluent Tri-Valley community. Adjacent to upscale shops and restaurants, the salon resides in a historic building with a warm and friendly atmosphere. The parking is excellent and signage is good. A local moratorium on new salons limits competition.

Stations are rented on a weekly basis, and the staff is professional with well-established clientele. The shop includes 10 hair stations, 2 treatment rooms, 3 nail stations, 2 bathrooms, color dispensary, a break-room and reception area. Currently the salon offers a wide variety of services including Hair Care, Facial Treatments, Body Treatments, and Nails. The salon generates additional profits from the sales of a well-known national brand of eco-friendly hair and skin care products.

Seller is extremely motivated. Plans to start a family have changed life focus. New ownership can easily grow this business to its potential by filling the vacant stations and increasing retail sales.