Address Not Available By Request

Walnut Creek, CA 94596
  • $299,000
  • STATUS: Active
  • ID#: 40821529
UPDATED: 106 min ago
$299,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1953
County:
Area:

School Ratings & Info

Description

CONFIDENTIAL OFFERING. Address and financial data will be provided upon completion of Confidentiality Agreement and Buyer Questionnaire. Well Established Boutique Hair Salon in Desirable Walnut Creek. In business for 15 years, the salon is turn-key with upside. It generates $315,000 in annual revenue and nets $145,000 annual profit. The space is in a boutique building consisting of 2,300 sqft. with off-street parking. Highly visible. Fronts a major thoroughfare. Approximately 20,000 vehicles drive by this location daily. Median HH Incomes in the area range 90,000 to 106,000. The lease is below market rent and extends to 2028. Total lease payment including CAM is $8,513. The ideal buyer is a stylist(s) or industry professional ready to own their own salon. For confidentiality purposes, the photo and the address used in this offering is generic and does not represent the salon for sale. Seller will provide training and a Non-Compete Agreement.

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© 2018 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. Data last updated 2018-06-19T23:37:33.853.
www.estatesbywendy.com/homes/83532279

Address Not Available By Request Walnut Creek, CA 94596

  • Price: $299,000
  • Status: Active
  • Updated: 106 min ago
  • ID#: 40821529
0
Beds
0
Baths
0
½ Baths
0.27
Acres
1953
Built
Neighborhood:
Walnut Creek
County:
Contra Costa
Area:
Walnut Creek
Property Description
CONFIDENTIAL OFFERING. Address and financial data will be provided upon completion of Confidentiality Agreement and Buyer Questionnaire. Well Established Boutique Hair Salon in Desirable Walnut Creek. In business for 15 years, the salon is turn-key with upside. It generates $315,000 in annual revenue and nets $145,000 annual profit. The space is in a boutique building consisting of 2,300 sqft. with off-street parking. Highly visible. Fronts a major thoroughfare. Approximately 20,000 vehicles drive by this location daily. Median HH Incomes in the area range 90,000 to 106,000. The lease is below market rent and extends to 2028. Total lease payment including CAM is $8,513. The ideal buyer is a stylist(s) or industry professional ready to own their own salon. For confidentiality purposes, the photo and the address used in this offering is generic and does not represent the salon for sale. Seller will provide training and a Non-Compete Agreement.
Exterior Features

Exterior Concrete Block Garage Or Parking Off Street Parking11 - 20 Spaces Location Business District Parking Spaces Total 14 Roof Tile Tot Bldg Sq Ft 2300

Interior Features

Bus Sq Ft Of Bldg 2300 Cooling Area Ac Floors Ceramic Tile Heating Forced Air 1 Zone

Property Features

Annual Act Gross Inc 315000 Annual Insurance Expense 1970 Annual License Expense 0 Annual Misc Inc 315000 Annual Taxes 0 Annual Utility Expense 5988 Board ID Oakland Business Name Confidential Business Type Hair Salon in Walnut Creek Employees None Existing License And Permits Business License Facilities Air Conditioning UnitOutside SignRestrooms Financial Data Source ProjectedProvided By Owner Form Of Ownership Sole Proprietor Gross Oper Actual Inc 315000 Lease Type AssignableOption To RenewTriple Net Net Oper Income 143730 Other Annual Expense 163346 Sale Includes Fixtures And EquipmentGoodwillInventoryLease ImprovementTelephone System Special Information None Tenant Expense Nnn/All Terms CashConventionalSba Total Annual Operating Expenses 171304 Utilities ElectricGasHot WaterPublic SewerPublic WaterCommunications Wiring Year Business Started 2003 Zoning Na

Listing courtesy of Kelly Klingler of Wells & Bennett Realtors.


© 2018 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. Data last updated 2018-06-19T23:37:33.853.
 
Wendy Moore Distinctive Real Estate Team | Berkshire Hathaway - Drysdale Properties
1494 Washington Blvd., Suite E
Concord CA, 94521