Established 8 Station Hair Salon

Portland, OR
Asking Price:$40,000
Gross Revenue:$102,000
FF&E:$10,000
Cash Flow:$35,000
Rent:$3,750/Month
Established Year:1986
BUSINESS DESCRIPTION

Turn key hair salon in busy Hollywood District in Portland.

Complete Designs Hair Studio is a turn key salon that has been established since 1986 by the same owner/stylist who is starting to think of retirement.
The salon is in the Hollywood District on busy Sandy Boulevard with high visibility and strong curb appeal.
Close to freeway and excellent central Portland location!

We have 1 private station, 5 semi-private stations and 2 more stations in the front room for a total of 8 stations.
There is a nice lobby and an office/storage space.
The back room has a laundry area, bathroom and a small break room with storage.
There is a shared parking lot for customers.

The salon currently has one space open (for you!) and the rest are fully leased with established stylists.
The stations currently lease for $850.00-$900.00 each.
The lease on the building runs through August 2025 and owner of the building will gladly renew lease.
Purchase includes all salon equipment and all furniture.
Washer/dryer/ towels
All decor
All cleaning supplies and paper goods
This salon is an icon in the Hollywood District and you could be the proud new owner!


DETAILED INFORMATION
Location
Portland, OR
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
31/08/2025
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The building has a nice street appeal with lots of street parking and a shared parking lot in the back of the building. When you enter the salon, there is a warm vibe that customers and stylists enjoy. The stations are private or semi private with the exception of the 2 in the front of the salon which were updated 10 years ago.
Financing
Owner of building will gladly renew lease.
Support & Training
The owner is willing to share all of the knowledge of running the salon, if the buyer is interested. The owner would like to stay and lease a space if agreed.
Reason for Selling
Owner is thinking about retirement.

BUSINESS LOCATION
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Lori Kangas
Lori Kangas