Profitable, High-End Salon in Desirable Area of SF
Size of Space: Approx. 1,300 SF
Rental Rate: Approx. $6,000/Month, plus NNN expenses
Lease Term: 4+ Years Remaining, plus One 5-Year Option
Annual Gross Revenues: Over $400,000 in Year 2016
Annual Net Income: Over $120,000 in Year 2016
Asking Price: $280,000
This is a well-established and profitable beauty salon business for sale, located in one of San Francisco's most popular and desirable neighborhoods. Designed by a professional architect, the inviting space of approx. 1,300 square feet features private rooms for facials, an open area for manicures, pedicures & other services, and good ventilation creating a healthy environment throughout.
Situated along a main commercial thoroughfare, this day spa & nail salon enjoys a solid reputation, high-end clientele, good employee retention, and a high rate of return business.
For additional revenue, a buyer could expand the salon's offerings to include other personal services such as hair styling and lash extensions, or rent out some of the spa's private rooms to self-employed estheticians, etc.
Last year, gross revenues were over $400,000 and net income was over $120,000. There are 4+ years remaining on the current lease, plus a 5-year option to renew. Base rent is approx. $6,000 per month. Tenant pays NNN as well as own electricity & gas expenses. Seller is open to providing free training to a buyer after close of escrow.
Please call or e-mail Charlene L. Realty for more information.