Mountain View CA Upscale Salon in High Traffic Downtown Location
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 $99,000, Down Payment $ 99,000
Rent $14,228 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