Newly Renovated Hair Salon, High Traffic Location
About this business for saleNewly Renovated Hair Salon, High Traffic Location
This salon comes fully equipped with 5 stations and its newly renovated. The seller has invested about $60K in completely remodeling the space and furnish with new equipments. The approximate soft for the space is about 753 with a low rent of $1300. It's located in a high traffic outlets next to Trader Joes and Safeway. It's turn key operation. The seller currently has one stylist who is renting out the station at $650. Seller wants to retire due to family health reasons. This is a full-service hair salon that offers haircuts, facials and wax.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.