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Salon For Sale - Owner Retiring

Grass Valley Highway, Auburn, California, United States
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Asking Price$9,500
Revenue$27,600 Established2008
Cash Flow$12,500 Employees0 full, 0 part
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Owner retiring and selling a three station beauty salon with separate facial/massage room.
Rent is $685.00 per month, (includes common area maintenance), for 650 square feet of space.
High vehicle traffic location, good visibility from Highway 49, located outside city limits in North Auburn between Nevada Street and Bell Road. Ample parking on property.
Salon has been operated for 11 years by same owner at this location.
Great potential for someone who wants to work full time and will cater to walk-in clients.
Owner operates by appointment only; 2 1/2 days a week.
Nearby restaurant generates good foot traffic.
Station rental has provided a good income stream in the past years with reasonable rental fees.
Sales price includes all fixtures, equipment and inventory.
Facilities:3 room salon plus bathroom. Facial/Massage room, 3 stations, wash sink, two dryers and one portable dryer. Salon stations and facial/massage room are currently not being rented due to sale of business.
Competition:Several salons located nearby but are not considered competition.
Growth Potential:Seller works only 2 1/2 days a week. Does not take walk in clients. Rental of two stations and massage/facial room will offset all salon expenses. Restaurant in center generates good foot traffic for walk in traffic.
Training/Support:Owner will introduce buyer to current clients, but will not continue to work in salon.
Seller Financing:None
Sale Reason:Retiring
Ad #109865
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