Hair (Glendale) $80,000

GROSS OPERATING INCOME:  $360,000
DAYS / HOURS OPEN:  Open 7 Days
FULLTIME EMPLOYEES:  4
LEASE EXPIRES:  02/28/21
ACTUAL RENT:  $4,500
YEARS CURRENT OWNER:  7
HOURS OWNER WORKS:  48
​LEASABLE SQFT:  1,286
REASON FOR SELLING:RETIRED
Beautiful, well-manicured salon. The ONLY one in a highly foot trafficked plaza location. High profitable income. Annual gross income $360,000. Salon is fully equipped: 10 stations, 10 chairs, 10 mirrors, 1 facial room, 3 beds for hair washing, 1 spa chair, 1 facial machine. The services provided are Hair Salon and Spa. Nail services may be added with proper licensing. Established at this location for 7 years. All fixtures, Belverde luxury furniture, and inventory included in sale. Plenty of parking available. Reason for sale: retired and current owner is available to work part-time after sale. Stable long-time employees.
1. The current owner has signed the lease year by year until it’s ended and he will call the Landlord to resign or continue. You and your buyer could negotiate with the Landlord. The Seller advises to sign the New Lease for 2-3 years only suggestion. Recently the Landlord needs the renter to take over any leases, so, it is a great opportunity for new renter to negotiate with Landlord.

2. The rent of $4,500 is already included the triple net (which consists water) But electricity and trash is around $500 (only during summer, using Air Conditioning) besides, the utility is around $300 during Fall, Winter, and Spring. 
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