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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
 
Attractive Los Gatos Salon
Listing ID: SB567 Location: Los Gatos  
Broker: Eric Nielsen  Ph:(408) 436-1900
Brief: Excellent location, salon has recent upgrades, adjacent to trendy shopping and fabulous restaurants
Listed Price: $95,000
Seller's Discretionary Earnings/Year (Projected: $80,500
Fixtures Furniture, & Equipment: All included
Real Estate: N/A
Inventory Included: $1,000
Training included: 2 weeks on site / 20 hours per week
Business Information
Year Established: 2006
Number of Employees: 1 reception part time, 1 owner
Days and Hours of Operation: Tues - Sat, 10:00 AM - 8:00 PM
Relocatable: No
Payroll: $1,600.00 / month
Facilities / Location: 1200 sq. ft +/-
Lease Information
Lease Expiration Date: May 31, 2016
Option: 10 Year
Monthly Rent: $3,750.00
Additional Information
Reason for Selling: Owner is moving out of the area.
Business Description:

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.

   
Sunbelt of the Greater Bay Area
2001 Gateway Place, Suite 230E San Jose, CA 95110 Phone (408) 436-1900 Fax (408) 601-1881

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