Hair Salon In Growing Neighborhood - $629K Revenue

Beautiful 1,423 sq’ hair salon located in an affluent neighborhood just North of downtown San Diego. There are 8 chairs, 3 shampoo bowls, with room to add an additional 4 stations (potentially double stations.) They are doing hair only at this time. Revenues increased significantly last year with Covid forcing other competing salons to close, which allowed the seller to pick up some new employees and customers as a result. The 2021 service revenue was $582,788 with an additional $46,890 in retail sales. There are multiple high end condo and apartment developments under construction in the surrounding area, which the seller believes will offer a lot of growth opportunities. Seller states that the salon runs wells without her when she’s not there. She mostly handles operations and doesn’t do hair often. She has a manager who does the scheduling. Seller is relocating out of state at the end of May/early June, and is eager to get this sold. Email Trish for more details. Location: San Diego, California Year Established: 2018 Number of Employees: 9 Real Estate: Leased Building Sq. Ft.: 1,423 Rent: $6,933.00 Per Month Lease Expiration: 12/1/2026