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#5395
San Mateo County

Established Hair salon business in prime Downtown San Mateo

$99,000
Available
Established Hair salon business in prime Downtown San Mateo



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Established since 2011, this Hair salon business is for sale in prime downtown San Mateo location. Owner is moving out of the state and is looking to sell this money making hair salon business. Annual sales around $250,000 with cash flow at $135,000 a year. Lease is $3690.00 all inclusive. Approximately 800 square feet ground floor and 400 sq ft basement. There is 8 chairs and a waxing room. PM for additional details

This is a The Real Estate Discount Concept listing.
Commercial Realtor Tommy Tran DRE License #01439113

Lease

Region:
San Mateo County
Lease Term:
There is 1 year plus 4 year option on lease
Total Monthly Rent:
$3690.00

Financials

Last Year's Annual Gross:
$250,000
Last Year's Owner's Cash Flow:
$135,000

Operations

# of Working Owners:
2
Year Established:
2011

Facilities

# of Parking Spots:
street parking
Inside Sq. Ft.:
800+400 basement

Highlights

  • 5 chair, one waxing room

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 34,844 144,370 240,889
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 12,795 54,392 91,509
2010 Persons Per Household 2.63 2.52 2.50
Median House Value $570,500 $826,362 $835,294
Income Per Household $69,832 $94,422 $99,772
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,051 5,215 7,955
2012 Number Of Employees 22,002 177,132 314,092
2012 Total Annual Payroll $591,164,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

The information contained in this offering profile was provided by the Seller and is believed to be accurate. EXP Commercial of California, Inc  its agents, brokers, managers, employees have not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness whatsoever.  You are responsible for performing a thorough due diligence of the business before consummating a transaction. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer.  Please note: (1) Sq. ft. is estimated (2) Annual Payroll is last year's and does not include any owner wages. 


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