Established salon business with 12 private suites available for acquisition in prime Folsom, CA location. Operating continuously for 30 years since 1996, this well-established business features two buildings totaling 2,700 square feet in the desirable historic Folsom area.
Business Features:
• 12 private salon suites generating rental income from long-term tenants
• Two separate buildings: one fully remodeled in 2020, the other new construction in 2021
• Prime location on busy street in historic Folsom with excellent visibility
• Ample parking available for clients and tenants
• Award-winning reputation - won best stylist in Folsom multiple years
• Media recognition with television features over the years
• Strong tenant retention with established customer base
Financial Overview:
• Annual Revenue: $165,000
• Asking Price: $170,000
• FF&E Value: $25,000
• Real Estate Value: $1,900,000 (not included)
Growth Opportunities:
• Room to add additional team members
• Potential to incorporate manicurist services
• Opportunity to add retail center
• Expansion possibilities within existing space
This turnkey operation offers an absentee ownership opportunity in the thriving Sacramento County market. The business benefits from its established reputation, prime location, and modern facilities. Current owner is retiring but plans to retain one suite, demonstrating confidence in the location's continued success.
The combination of long-term tenant relationships, prime real estate position, and recent facility improvements creates a stable investment opportunity in the growing beauty services sector. Located in historic Folsom's prime area, this business offers both immediate income potential and future growth opportunities.
Ad#:2402801