Riverside, California – Commercial Properties For Sale #118270

$45,000

Hair Stylists: This is your perfect opportunity to own a great salon!!

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All salons are NOT the same. This salon is truly as good as it ever gets. I have owned this salon for 15 years. At 60 I am ready to retire. There are a multitude of things that make a good salon very successful and this salon has every one of them including:

1) Great Signage. If you don?t have a very visible sign (or two) out front you are missing out on your total profit potential. This salon has 2 great signs already and you can easily place two ?grand Opening? signs in the grass out front that can be easily seen by the drive-by traffic right in front of the salon.

2) Drive By Traffic. Drive by traffic represents about 50% to 60% of most salons overall business. A salon with 200 drive-by cars an hour is much more profitable than a salon with only 100 drive-by cars an hour. This salon is located on one of Riversides very busiest streets.

3) Rent. If a salon has monthly rent of $3,200 plus triple net of $800 a month (which totals $4,000 a month) and another salon has a super low (hard to find but out there if you look) rent of $1,500 a month and no triple net for a total of $1,500 a month that is a $2,500 per month difference in rent between the two salons. You will save $30,000 every year on rent which is $300,000 more in your bank account every 10 years with the cheaper rent. This salon?s rent is incredible at only $1,220 per month with no triple net!!

4) Maximum Number Of Stylist (or barber) Stations. For most average salons the rule of thumb is to have at least four stylist stations with the ability to expand to at least six stations. This salon already has 5 stylist stations and an additional room for your use.

You will get all of my customers as I am moving out of state. My business partner and I will gladly teach you everything that you will need to know to be successful

Price includes all fixtures, equipment, and my existing customers. Call to request an appointment for a private viewing. Call: (951) 775-6021. Thank-you.

Property Information

Asking price:$45,000
Type of property:Hair Salon
Address:10061 Magnolia Avenue
City:Riverside
State:CA
Zip code:92503
County:Riverside
Represented by:Owner
Contact name:Kevin
Contact phone:9517756021

Property Photos

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