This is an excellent opportunity for an Entrepreneur or Stylist who wants to run their own operation. The Salon is well known and located adjacent to upscale shopping and restaurants on a main street in the affluent community of Los Gatos. The parking is excellent and signage is good. The owner currently runs the business part-time and is motivated by plans to move from the area.
The owner has invested in recent upgrades. The salon is bright and energetic with abundant natural light providing an excellent working environment. Eleven fully equipped styling stations are partially staffed and rented from the owner on a weekly basis. A small inventory provides clientele with quality hair care products and the stylists and owner with additional revenue and profits. Sale includes all necessary operating permits from the Town of Los Gatos. New permits are currently under moratorium and unavailable.
A full time owner operator could realize the full potential of this operation by renting additional stations full time and increasing product sales. New owner could keep one station, work selected hours for preferred clientele and add styling income to the cash flow earned from 10 station rentals. Additional payroll savings could be realized for the owner operator working full time. The business model is very simple. The owner simply collects rents, pays the bills and banks the profits. |