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For Sale: Upscale Salon - Mountain View


Current Status: Active     Posting #: 246094     Last Refreshed: 1/16/20    
Contact: Michael Floorman At 408-385-0412  -  Also Email This Contact Below
Price:  $150,000     Down:  $150,000     Adjusted Net:  $147,283     Revenue:  $561,874    
Business Address:  None Given     City:  None Given     Zip:  94041    
Attributes:  Lifestyle, Training & Support, Owner Financing     Cooperation With Brokers?  Yes
Mountain View Upscale Salon Business For Sale Upscale Salon Company For Sale

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  Description About This Posting: Upscale Salon
Mountain View CA Upscale Salon in High Traffic Downtown Location
BTI 8617
Seller will carry a non interest bearing note to a qualified buyer for $70,000 for 36 months with equal payments of $1,944.44 per month. The Salon provides full service with full and part time artists. Front desk has full time manager and part-time assistant. Parking is free on the street and in separate downtown parking structure. The owner subject to negotiations would stay as a manager or commission stylist @ 50% w/a minimum of $200 per week in retail sales otherwise 45% or rent a chair @ $275 per week. Sales have increased each year over the past three years.

Sales $561,874 Net Income $147,283
From FTR 1040 Schedule C for 12 months 2018
Purchase Price $150,000, Down Payment $150,000
Rent $13,681 per month no NNN expires 9/30/2020
w/One Option for 3 years 2,631 sq. ft.
Employees: 3 Full-time 3 Part-time Owner: 1 Full-time 0 Part-time
Reason For Sale: Retirement
Hours: Mon & Fri 10/6 Tues 10/8 Weds 11/7 Thurs 11/9 Sat 9/4 Closed Sun

To get more information about this Upscale Salon business for sale in Mountain View please phone Michael Floorman (Broker - BRE License #:01160661) at 408-385-0412 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #246094 on BizBen.com. In addition to phoning Michael Floorman, make sure you email Michael Floorman above to get more info about this Upscale Salon, to ask any questions or request an appointment to see this business for sale. Thank you.

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