Hair Salon with 8 Individual Stations in Monterey

Monterey, CA
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Asking Price:$120,000
Gross Revenue:$190,921
Cash Flow:$75,385
Established Year:2005
BUSINESS DESCRIPTION

Hair salon, long-established since 2005, is for sale In Monterey. There are 8 salon stations and 2 hair shampoo sinks. Along with the owner, there is 1 independent contractor paying rent for 3 days/week. The rent is $3500 + $800-1200 NNN/month The lease is month-to-month since Covid.
It is well-located on a busy main street in a neighborhood shopping center with a gas station & franchised restaurant. The property is adjacent to a very busy grocery chain and a major intersection. MO11505


DETAILED INFORMATION
Location
Monterey, CA
Inventory
Not Included in asking price
Facilities
1 Contractor Current lease is month to month, a new lease is available, Rent $3,500, NNN $1,000, Suare Feet 1,265 Licenses: Business, Resale, Cosmetologist Hours Monday through Saturday from 10 am to 6 pm, Sunday up to 4 pm
Support & Training
2 weeks, 40 hours per week
Reason for Selling
Family
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Karishma Modi
Business Team
Karishma Modi