For Sale: Upscale Salon - Napa County

Description About This Posting: Upscale Salon

Extremely well-located, upscale salon in wine country

Financial information
Asking: $100,000
Gross: $ 147,518
Cash flow: call/email
Furniture, fixtures & equipment: $150,000 (included in price)
Inventory: $40,000 (included in price)

Summary information:

Don't miss this opportunity to own one of the most highly esteemed salons in the heart of one of the wine country's busiest, most popular downtown areas. This relatively new, beautiful salon is quickly establishing itself as a california icon of quality and european style. The salon has a coveted 'use-permit' that costs thousands of dollars and takes months to get approved. That is, if you're lucky enough to find a space available in this highly sought-after commercial area with its small-town but vibrant charm.

The salon is presently staffed with 6 hair stylists, one esthetician, a nail technician and a receptionist/sales person. Downstairs, there are well-equipped stations for four hairstylists and one esthetician as well as an impressive glass enclosed mezzanine. Upstairs, there are two hairdressing stations and two large treatment rooms for waxing, lashes, tanning and massage, or for future expansion or addition of other services and products.

The surrounding hotels and local resorts all call on this chic and sexy salon to cater to their client's beauty needs. The salon can be expanded to a more amazing business, especially if it were open on saturdays for weddings, etc. There are mega opportunities for potential high-dollar business!

The salon differentiates itself based on its exceptional presentation and services. And it offers an extensive variety of sought-after brand named products. Its highly professional operational structure consistently delivers top quality service. Each time clients enter the salon they are impressed by the cleanliness and beauty and by a receptionist who pampers clients with impeccable hospitality, introducing a service bar offering citrus water and nespresso coffee freshly made to order. The goal of the loyal, competent staff members is to exceed the expectations of their mostly affluent clients.

Modern and elegant, situated in one of the best locations, this salon's outstanding reviews show this to be a personal service oriented owner/operator's dream business. This exquisite salon is situated at street level and gets lots of foot traffic. Its recent build-out takes full advantage of the space and shows the salon at its best. Customers are enamored with the high ceilings and comfortable spa-like atmosphere. It must be seen to be fully appreciated.

This is a truly turn-key business. There are great opportunities for significant increase of sales.

Everything needed to continue to deliver exceptional service with beautiful surroundings has already been built. Approximately $90k worth of improvements has been made. The current owner has done the hard part and established a solid foundation on which to continue the rapidly up-trending financial performance. This outstanding salon is ready for a new owner to take it to the next level.

General information
Location: san francisco bay area wine country

Facilities: leased. 1,346 sq. Ft. (approx.). Initial lease term expires april 30, 2020. One (1), five (5) year option is available. The landlord is reasonable and should be open to further time extensions.

Competition: there are a couple of salons on the side streets, but this salon is the only one that was able to secure a coveted 'use permit' for one of most desirable locations on the main street in the center of this town, which draws tourists from all over world.. To be clear, there currently are no other salons allowed on this busy main street. This is a huge competitive advantage. Some locals refer to this salon as the 'salon on broadway.'

Growth and expansion: for personal reasons the salon is currently closed on saturdays, the busiest day in the industry. To increase usage and revenues, the rooms could be rented out to various professionals, e.g. Esthetician, tanning, nail, neck massage, lashes, etc. More aggressive marketing to daily walk-ins for nails and hair could be done to monetize untapped potential. Further development of the salon's online marketing could do much to continue growth in profitability. Also, additional effort could be made to establish more referral relationships with businesses that serve a similar client-base but that do not offer the specific services provided by this salon. An energetic, innovative, new owner should be able to find many growth and expansion opportunities to exploit.

Support/training: the sellers will provide necessary training and help a new owner successfully transition into this business.

Reason for sale: retirement

Year established: 2017

Employees: 2 ft, 7 pt all very competent and customer-focused, who likely will want to stay on after transfer to new ownership.

Financing: the seller may provide some financing for a well-qualified buyer with a substantial down payment.

Related Links And Information Regarding This Posting

Helpful Resources To Assist In Selling And Buying California Businesses

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.

Mark Chatow, Esq.: Legal Services For Buying, Selling Businesses Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Janet Carrera - Escrow & Bulk Sale Services - SF Bay Area Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.

Joe Sandbank, Esq. - Legal Services I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process.

Elizabeth McGovern: Escrow Services - SF Bay Area McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.

Related Articles, Events, Blog Posts, Discussions, Videos, Interviews

Buying A California Beauty Salon - Making Your Bank Account Look Beautiful There are more than 1 million hair salons in the United States! Buying a hair salon for sale can be a good investment if you find the opportunity and have the right skills to run it. Hair salon opportunities range from independent businesses of all sizes to franchises. Let's discuss this further.

What Factors Are Considered In Valuing A Small Business? Advisors Weigh In Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.

Before Buying A California Business, 10 Questions You Should Ask Yourself Before buying a business, all serious business buyers should ask themselves some key questions about possible buying a small California business, franchise, or opportunity - from Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program Advisor with BizBen) at 866-270-6278.

Getting An SBA Loan To Buy A Small Business: Dispelling Some Major Myths When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA (at 866-270-6278) a business purchase financing expert delves into the myths and facts regarding SBA loan financing.

Find Out Why 80% Of California Business Buyers Never Find And Buy A Business First the dreaded statistic: 80% of all California business buyers looking to buy a small to mid-sized business in California never end up doing so! Peter Siegel, MBA BizBen Founder And Director at 866-270-6278 covers successful tactics all business buyers of small businesses should utilize.

8 Tough Questions You Most Likely Will Be Asked When Selling Your Business When selling your small business, you'll be bombarded with questions - from the brilliant to the ridiculous. You need to be prepared. Here are some of the key questions you can expect to be asked. Tim Cunha (SF Bay Area Business Broker at 650-600-3751) reviews many of these possible questions.

How Many Listings Is Too Many For One Broker To Handle? Is It 5? 10? 20? Peter Siegel, MBA in this Vlog/Podcast discusses how many listings is too many for one business broker to handle at one time. Is it 5 is it 20? I recently had a coaching call with one of my BizBen broker clients who asked that question this week. There are many factors that go into the answer.

Why Isn't My Business Selling? 6 Great Questions To Ask Yourself For Answers It can take months, sometimes longer to sell a small business. Here are 6 questions from Peter Siegel, MBA (Business Purchase Financing Expert, ProSell Program Advisor with BizBen) at 866-270-6278 to ask yourself to help you determine why your small to mid-sized California business isn't selling.

See All News, Tips And Events