Beauty Salon & Spa, Prime Location, Priced Reduced to Sell

Oakland, CA (Alameda County)

Seller Financing Available
Beauty Salon & Spa, Prime Location, Priced Reduced  to Sell

Asking Price:$85,000

Cash Flow:$75,500

Gross Revenue:$370,000




Rate/Sq. Ft.:N/A


Beauty Salon & Spa, Prime Location, Priced Reduced to Sell

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Business Description

Price Reduced below replacement value

This beauty salon & spa is a stylist/ operator ownership opportunity. Seller, at its sole option, will consider assisting with financing. The salon stands tall on its reputation, location.

Asking Price has been significantly reduced - priced below replacement value.

Attached Documents

Detailed Information

Real Estate:
Building Sq. Ft.:
Lease Expiration:
6 + 2 contracts
This well established highly reputable salon + spa providing services to women, men and children. There are five stylist stations, a private spa treatment room, a changing area, as well as a comfortable guest waiting area. The spa is located on street level in a modern condominium business building; the spa space includes an ADA restroom The owner/stylist has over 3 decades experience as a hairdresser, artist and educator. Accordingly these experiences are evident, in part, by the salon's efficiently design layout. Inventory cost To Be Determined (TBD) prior to Closing and will be in addition to the sale price. The current lease ends 2019 with tenant having the right to a 5 year extension..
Located in one of Oakland's most vibrant mixed use neighborhoods, conveniently located on a major corridor between downtown Oakland and downtown Berkeley. The street corridor has several well established destination businesses that help generate passing foot traffic. Located on the street level of a multistory modern business condo, the business fronts kitty corner (diagonally opposite) to two streets thereby offering an inviting single entrance from both streets. The corner location also provides large window store frontage on two streets. This is a confidential offering. The location and other information may be obtained may be received with return of NDA and Buyer's Disclosure Statement (forms will be provided by contacting Broker.)
Growth & Expansion:
Multistory condominium development under construction within walking distance of spa providing increase potential clientle. The commercial corridor of the spa has several well established destination businesses that help generate passing foot traffic.
Seller will consider limited financing
Support & Training:
Seller, at its sole discretion, will consider limited seller financing. Rare opportunity for someone desirous of a owning their own salon at a below market price, or someone new to the salon business world to learn under the guidance of a successful owner/operator/educator, or, someone seeking an investment opportunity such as to add a second location. At Buyer's option Seller will consider renting back a station.
Reason for Selling:
Personal reasons unrelated to salon; Asking Price significantly reduced

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Bob Heger

Business Listed By:
Bob Heger

BizReady, Inc. bre #467678

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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