| Asking Price |
$195,000 | Inventory |
$10,000** |
|---|---|---|---|
| Gross Income |
$225,000 | Real Estate |
|
| Cash Flow |
$82,378 | Year Established | 2003 |
| FF&E |
N/A | Employees | 6 |
* included in the asking price
** not included in the asking price
Assumable SBA loan, $118,000, 5.25%, 7 years, $1820/month. Only $40,000 down, owner will finance the balance of purchase price. Immaculate, new salon with state of the art equipment, professional remodel and situated in a shopping center in an upscale beach neighborhood. The interior features hardwood floors, professional paint and secure, quiet rooms. The lease is long term at below market rate with 5 years and an additional 5 year option. Currently, they have upscale tanning beds (including a new Royal Sun), a Norvell Airbrush spray tan booth, massage, and recently they began doing facials and waxing. There is over $150k in equipment and upgrades to the facility. The laundry room can be converted to showers to enhance the spa. The Salon shows great, must see as a customer to appreciate.
Support/Training: 2/40
Reason Selling: Retirement

Bob Norton
831-685-8866
California Coast Business Brokerage
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