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San Francisco, San Francisco County, California
Asking Price
$300,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Alex Dabit
Phone: Show phone number
Name
Alex Dabit
Phone
Show phone number
Posting ID:
289592
Attributes:
Broker Cooperation
For Sale By Owner
Real Estate Available
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You have to see this salon and spa to truly appreciate all that it has to offer! Located in a busy Orange County center, this salon was established 20 years ago and has a very loyal, affluent clientele! The salon, which was recently remodeled, has a unique floor plan and style, featuring 15 hair stations, 6 shampoo bowls, 3 dryer stations, 3 fully-plumbed facial rooms, 2 waiting areas, and 2 bathrooms, one of which is equipped with a shower. There is also room to add 2 more hair stations, and 2 manicure stations. In addition, there are 2 storage areas for the stylists, a locked storage room for the owner, plus a private office near the reception area. A covered patio in the back of the salon offers a relaxing retreat for stylists to have their coffee break or enjoy their lunch. The salon and spa occupies approximately 3,000 square feet, but what is most amazing is the extremely low monthly rent of only 1,500 which is well-below market! The landlord has reduced it to this level indefinitely, from the already-low 2,590 specified in the long lease, to help in this economy. This beautiful full-service salon and spa offers designer cuts, expert color, color correction, up-do's, Brazilian Blowouts, Japanese hair straightening, as well as massage, waxing, bridal make-up, facials, resurfacing skin peels, micro dermabrasion, dermafillers (Restylane, collagens, and Hylaform) and Botox. A retail area displays hair and skincare products, as well as jewelry, sunglasses, purses, scarves and seasonal gifts. There are currently 7 stylists, 4 of which are on a rental basis, and 3 on a commission basis, 1 aesthetician and 1 nail technician, both on a rental basis. The salon is slowly transitioning to a commission basis. This should be even more profitable, but can require more hands-on management and on-going product training. The owner has identified several opportunities to grow the business, such as filling the remaining 8 hair stations and facial rooms, and marketing to the database of 1,000+ clients, the upscale residential area surrounding the salon, and the employees of the many large corporate headquarters just minutes away! The owner is selling the salon because her commute is too far, and she would like to spend more time with her family.
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Restaurant
Call/Email
This 4,300-Square Foot, Central Orange County Café Is Located At A Major Intersection And Is Freeway Close! It Serves Breakfast, Lunch And Dinner And Uses Only The Freshest Ingredients! It Features A Full-Breakfast Menu, Salads, Sandwiches, Burgers, Pasta, Fish, And House Specialties, Such As Roasted Turkey, Pot Roast, And Meatloaf. Takeout Service And Catering Are Also Available. The Café Has Regular, Loyal Clientele, And Is Packed On Weekends For Breakfast And Lunch! The Owner Is Selling Because He Would Like To Retire.
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Unique opportunity to own a lucrative, half-cash practice in the gorgeous Southern California coastal community of Encinitas. Acupuncture Continuum Inc. (Acupuncture Continuum), currently the acupuncture practice of Karen Sulger, L.Ac., is in north San Diego County just a few minutes from the beach. Perfectly located with very low rental costs, the beautiful practice serves the area's highly health conscious and affluent population. Acupuncture Continuum is well established and enjoys a sterling reputation for clinical efficacy. With nearly 25 years in the area, the practice also maintains strong relationships with referring MDs, particularly in the medical complex from which it operates. Even in the midst of Covid, return business remains consistent and there is a steady influx of new patients. The opportunity to run an abundant practice drawing from a major metropolitan area is available now. Imagine making close to $200,000 per year, working three days per week and with plenty of time off for vacation. No additional marketing necessary the established reputation of this 23-year-old practice maintains a steady flow of new patients and loyal return patients. Low overhead (including very low rent), years of records, substantial cash clientele and consistent patient flow mean that a new owner can expect to keep costs low. Add more hours, hire associates, and/or expand marketing, and you have the chance to add even more success to an already prosperous practice. Whether you are fresh out of school or an experienced clinician, Acupuncture Continuum offers the chance to hit the ground running. This is a turn-key opportunity to run a successful practice in one of the most sought-after, tranquil, prosperous areas in the country. Call or email today, come by and spend some time at the clinic, and see for yourself. As the new owner, you could be thriving in just a few short months. The Setting The City of Encinitas is located 25 miles north of San Diego and is part of the greater San Diego Metropolitan Area. It has a population of just over 60,000, with easy access to over 3 million others who live in San Diego County. Recently named among the twenty best surf towns in the world by National Geographic, Encinitas wears its surf history proudly. Located along six miles of pristine Pacific Ocean coastline, the town is an unspoiled reminder of the historic Highway 101 beach culture. With the perfect climate year-round, the city is a very popular weekend outing and a great place to live. Locals find all they need from the city's eclectic downtown, with its unique and dynamic blend of San Diego's top surf shops, amazing restaurants, coffeehouses and record stores. Kids love nearby Legoland theme park, Sea Life Aquarium, and San Diego Zoo and Wildlife Park. The clinic is located in a large medical office complex, easily accessible from the freeway. The well-designed office consists of a good-sized lobby and reception area; four treatment rooms (possible to set up a fifth); a staff office area; ample shelving for the extensive herbal apothecary and storage, and a bathroom. The space is modern and tastefully decorated, and each treatment room has its own speakers for music, a floor heater, and dimmable lighting. The most Covid-wary patients have the option to enter and exit one of the treatment rooms through its own dedicated entrance, bypassing the reception completely. Parking is free and easy here. The decades-old practice maintains longstanding relationships with nearby health providers and the local community from which it receives many referrals. Patient Demographics Ms. Sulger describes the clinic's clientele as 'absolutely wonderful,' she is grateful for the way the clinic has attracted such warm, caring and conscientious people. While the current owner treats a very wide range of conditions, she also has three specialty areas: (1) fertility and women's health concerns, (2) pain, and (3) facial rejuvenation. Most of the current patient load consists of professionals between the ages of 25 and 70. There has been a substantial uptick in fertility patients during Covid, as more couples are trying to conceive at this time. The clinic has averaged between 40-50 patient visits per week and has over twenty years of patient files. Overhead costs remain low, with about half of patients paying in full at the time of their visit, with the remainder using insurance. Typically, patients are from communities within 25 miles of the office. Given the practice's long history in the area, most are referred by word-of-mouth and local allied practitioners, while some come through insurance panels and the clinic's strong online presence (all 5-star reviews on Yelp and top-of-page in Google and Google Maps search engine optimization (SEO) has been a steady priority, and these SEO efforts have paid off). The current owner is also happy to provide years of past calendars to prove consistent patient volume. Modalities Utilized Treatments currently consist of acupuncture, cupping and moxa, as well as herbal medicine and supplements. In addition to using standard acupuncture and traditional Chinese medical techniques, Ms. Sulger also uses the Richard Tan Balance Method and Master Tung points for pain and orthopedic conditions. That said, clients seek the practice because it is known for clinical efficacy; they are not usually seeking a specific style of acupuncture or needling. Income and Expenses The following income and expense summaries are derived from an average of income and adjusted* expenses from 2017-2019. Note that Ms. Sulger has office hours only three days per week and takes up to three weeks off per year. Income Average gross yearly revenue: $190,400+ ($15,860+/mo) Expenses Average adjusted expenses: $102,918 yearly ($8,576/mo) *Adjusted expenses are the net expenses that a new owner would have to take on in order to run the business at the same level of revenue as the current owner. Net Profit: Average $87,491 per year (~$7,290/month) Pricing and Terms $139,500 OBO. The price is based on a conservative professional valuation of just over $140,000, with an average yearly gross of about $190,000 for the past several years. The owner's motivation to sell in a timely fashion (due to her impending retirement) has allowed her to generously factor in a potential discount for attrition and start-up costs on change of ownership. 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The current owner's goal is to surrender the practice by the end of March 2021. She would be willing to stay on for a limited time to assist in the transition and make introductions to the clientele, if so desired by the new owner, at no additional cost. Opportunities for Growth While the current practice nets a healthy return (even working part-time), a motivated buyer could significantly increase their income upon acquisition through a number of simple changes. * Work more hours. The current owner has office hours only three days per week, so there is plenty of room to expand business hours. There are also part-time subletters whose space could be taken back as needed, all of which would increase revenue. * Bring on other practitioners. In addition to or in lieu of working more hours, the practice could easily support at least two or more providers, either as contractors or as employees. * Reduce office manager hours. The current office manager expertly runs the office on the three days that the current owner works. The new owner could opt to take on some of her tasks to reduce payroll costs and increase net income. * Expand marketing efforts. The practice has an excellent web presence, sends monthly emails to its email list, and keeps up relationships with physicians and other healthcare workers. There is room to do much more such as networking with even more MDs and promoting highly profitable facial rejuvenation but the clinic has been busy enough that these resources have not often been leveraged. * Improve online presence. Blogging, enhancing the website, cultivating a social media presence, implementing pay-per-click, and increasing the frequency of email marketing all hold great potential to increase awareness of the clinic and thereby generate mor
Los Angeles, California
5 Day Cafe - In Medical Building
$ 249,000
7am - 3pm, Monday-Friday. Easy operation - Large profit margin with offerings such as juices, smoothies, sandwiches, salads, bagel/cream cheese, soups, etc. Can stay open longer and benefit from longer opened hours from building employees and add the dinner deliveries in this upscale neighborhood. * Monthly rent: $4,068 including NNN * Lease ends 2020 - Landlord will add option for qualified new tenant * Restaurant size is approx. 1,000 sq. ft. * Occupancy approx. 36 seats * Monthly gross is $26,000 - room to increase revenues with longer hours * The average net income is $8,000+ including add-backs Seller Will Show The POS Numbers And Other Figures Possibility to increase net income to $10,000+ per month (with more opened hours, or/& adding food option or/& add dinner deliveries) * Payroll is averaging at $4,000 per month + payroll tax * 5-day business, hours are from 7am to 3pm, Monday thru Friday. Closed on Saturdays, Sundays and Holiday weekends * 2 full-time employees and 0 Part Time * Owner works full time, but works often only 4 days per week * Business created about 15 years ago Has POS System Limited parking in Free standing building front. Turnkey and beautiful cafe in a medical building near Cedars Sinai Hospital. Asset Sale but this Business is profitable which is a rare fact for any offering for sale and has room to grow: such as longer hours to profit from the building employees who leave work at 6pm or so, also the private residences around with dinner deliveries, or/& more food offerings, or/& advertise, or/& add delivery options with online ordering companies, etc. Low rent, attractive lease. Excellent opportunity for an owner operator to own your cafe in one of Los Angeles most dense, upscale & populated area - No hood no grease trap - but otherwise fully equipped for a cafe. Sales price includes all F, F & E; $2,000 food inventory; goodwill; all permits and more. Full training and support. Trained employees will stay which will be an easy transition for new owner. Seller must relocate, thus why the need to sell his profitable cafe. Landlord will accept a qualified tenant with restaurant/cafe experience and be a US Citizen or with a Green Card.
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The owners of this Very Well Established bakery strive to put their hearts and creative skills into every cake they bake. This bakery specializes in wedding cakes and all-occasion cakes but also bakes a wide variety of tasty treats year-round! This bakery has built a local reputation for genuinely caring about the local community, going above and beyond to honor it's citizens and caring for the neighborhood. They have won multiple awards! Very well established in the San Diego community 20 years! Semi-absentee run business! Beautifully appointed shop and Web site. High traffic street location with 14 designated parking spots. All baked goods are cooked from scratch with only the freshest ingredients. Even the lemon bars are made from real lemons! Delicious baked goods to choose from including: baklava rolls, cake bars, bear claws, biscotti, brownie bites, brownie pops, cheesecake cups, cheesecake bars, 7inch round cheesecake, cinnamon rolls, cream puffs, mini cream puffs, dirt bombs (doughnut like muffin rolled in cinnamon and sugar), eclairs, muffins, tarts, scones and truffles. A wide variety of drinks are also available for purchase. Wedding cakes are the business specialty and prepared with extra care for the bride and groom's special day. The cakes are sold, prepared and delivered by the staff with general oversight by management. The day to day operations are managed by the large staff. For further information please submit an inquiry through this Web site. You will be required to complete a Non-Disclosure Agreement prior to receiving any additional information. Financial information is only provided after the initial phone interview with the Regional Business Broker assigned to this listing. Broker, broker's agents and broker-associated, employees and all other affiliates of Broker have NOT verified any of the information provided here. By submitting your inquiry through this Web-site you are granting Broker permission to add you to Broker's email subscription list.
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