Luxury Hair Salon For Sale

San Jose, CA
Asking Price:$75,000
Gross Revenue:$10,000
Rent:$3,932.31/Month
Established Year:2016
Cash Flow:$120,000
Inventory:$20,000
FF&E:$50,000
BUSINESS DESCRIPTION

Adorable luxury hair salon in the heart of Downtown SJ's Little Italy.

Residing in a beautifully restored Victorian house, The Painted Lady Salon has been in business since 2016 and growing steadily through 2020 and continues to grow through the challenges since. The Painted Lady has 4.7 stars on Yelp and over 200 5-star reviews and counting. This is a great opportunity for an investor or stylist looking to have their own salon. The salon can manage up to 12 stylists with a large kitchen/laundry break room and an additional room for retail and point of sale. Some of the rooms could also be turned into rental rooms for estheticians or massage therapists. There are many opportunities in this beautiful restored Victorian. Lease is transferrable and locked in until March 2027.


DETAILED INFORMATION
Location
San Jose, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
01/04/2027
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully furnished salon. Stylist chairs, shampoo bowls, retail area, mixing station. Decor and waiting room furnishing. Retail shelves and stock. Lease transferrable and good until 4/1/2027. Mailing list of 3000+ clientele.
Competition
Little Italy is a unique location that brings in steady foot traffic. The commercial and governmental office buildings in the area also provide potential growth opportunities.
Growth & Expansion
The Painted Lady Salon has remained successful and profitable despite reduced staff. The salon has supported up to 12 stylists. There are also opportunities to make some of the rooms private and could be rented to massage therapists or estheticians.

BUSINESS LOCATION
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Michelle Graves Irick
Michelle Graves Irick