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Established Hair Salon with Real Estate Included

Well established Bakersfield Salon with 18 stylist stations, 4 nail stations, 2 pedicure spas, 6 shampoo stations, 11 hair dryer’s stations (2 of the 11 dryers are portable), 1 shower adjoins to 2 aesthetician rooms, 1 stand up tanning booth, and 1 tanning room with tanning bed and sink. There are also display cabinets to sell products, a nice waiting room with couches, 3 restrooms, a washer and dryer, and 2 small refrigerators. This is a booth rental salon and the above income is based on scheduled rents for 2018 Y-T-D, with a 30% vacancy factor. If the new owner adds stylists to keep the vacancy rate lower, the income will improve. The average weekly booth rentals are $150 which is very reasonable compared to other salons in Bakersfield. These numbers do not include owner’s income. This building has been modified specifically to meet the needs of a large hair salon and spa. The 30% vacancy factor has approximately another $48K of potential income if a new owner were to take advantage of the 3 rooms and 2 more manicurist stations. This is based on rents from $135 – $180. However; 1 manicurist table and chair belong to a manicurist and is not included in the sale. 2017 Taxes will be available late October 2018. The Salon is also located in a strip mall with good traffic flow, easy freeway access to Highway 178, plenty of parking, & recent décor updates, which shows pride of ownership. Sale price includes the real estate valued at $350,000. Don’t miss this opportunity to own your own salon along with the real estate!

Retail Trade - Health & Personal Care
California
Bakersfield

Financial Information

Yes

Company Information

No
No
No
No
1997

Seller Information

Carol Bennett
Sunbelt Bakersfield
Bakersfield, California