Prime Palo Alto Salon & Chair Rental — 14 Chairs, $500k Retail Buildout, Massive Upside

Listing number: 60389

Location: Palo Alto

Year established: 2014


Business Overview:


Established in 2014, this turn-key, 900 sq. ft. full-service hair salon is situated in an affluent, high-foot-traffic Palo Alto location. Features a modern $500k retail buildout, 14 total styling chairs, and over 100 5-star reviews.


Dual-Stream Cash Flow Model:


Passive Rental Income: 7 chairs are currently leased to independent stylists at ~$1,300/mo each, generating ~$9,100/mo ($109k+/yr) in recurring tenant revenue.


Styling Revenue: Active client book ready for handover to a new owner operator.


Massive Growth Upside:


Fill the 7 remaining vacant chairs to immediately add up to ~$9,100/mo in additional high-margin passive income with no physical expansion needed.


Lease & Operations:


Rent: $8,078/mo | Favorable lease terms & renewal options available


Transition: Owner offering up to 80 hours of transitional training and client handover.


Asking price: $250,000

Adjusted net income: $61,099

Revenue: $235,881

 

Lease information

  • Total rent: $8,078 
  • Sqft: 900

Asset information

  • Inventory: $5,000
  • Equipment/fixtures: $200,000

Additional information



David Mayfair

For more information or to inquire about this business contact David Mayfair