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Listing Broker Information
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Steve Zimmerman
Business Broker
Steve Zimmerman brings to his clients 30 years of wide ranging business experience that includes small business sales as well as mergers and acquisitions, finance, business development, sales and account management. His skills in project management, negotiations, presentations, and financial modeling help his clients evaluate business opportunities and buy or sell their business with confidence.
Prior to launching Intero Business Brokers, a division of Intero Real Estate Services, Steve had a successful corporate career that included activities in Mergers and Acquisitions of technology and service companies. He brings valuable experience in acquisition decision processes, due diligence, deal negotiations, and transaction execution and closing processes to his clients.
After completing undergraduate and graduate degrees in business Steve began a financial career in the high-tech business sector working for companies like Hewlett-Packard and Solectron Corporation. Specific areas of focus included: development and implementation of standardized cost and quotation models, generation of business plans, analysis of pricing, manufacturing cost, and portfolio profitability issues and all aspects of financial reporting.
Steve holds a BS in Finance from Colorado State University and an MBA from San Jose University. He is a member of the California Association of Business Brokers (CABB) and lives in Los Altos, California with his wife and their two children.
email:
zimmerman@interocommercial.com
phone: 408-342-3093 / DRE License #01376999
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 Contact Information |
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Listing Information |
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| Hair Salon |
| Listing ID: IBB148 |
Location: Peninsula |
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Brief:
Must See Newly Remodeled Hair Salon |
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| Listed Price: |
$55,000 |
| Total Sales: |
N/A |
| Seller's Discretionary Earnings: |
N/A |
| Fixtures Furniture, & Equipment: |
(Included in Listing Price)
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| Real Estate: |
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| Inventory: |
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| Financing / Terms: |
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Business Information |
| Year Established: |
1985 |
| Number of Employees: |
2 Full Time / 0 Part Time |
| Days and Hours of Operation: |
Weekdays and by Appointment |
| Relocatable: |
No |
| Franchise Information: |
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| Facilities / Location: |
Upscale, Peninsula downtown location with great traffic. The facility and equipment has been continually updated over the years. You don't need to do anything but start working. |
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Lease Information |
| Lease Expiration Date: |
1/31/2014 |
| Option: |
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| Monthly Rent: |
$1330 Monthly plus $2000 per year for NNN |
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| Additional Information |
| Reason for Selling: |
The owner is ready to retire and spend more time with family. |
| Business Description: |
If you are a hair stylist and have always wanted to have your own salon, this is a dream come true. This is an established salon located in the heart of the downtown shopping area in one of the Peninsula’s most affluent communities. Great visibility from both auto as well as foot traffic coupled with very low overhead costs make this a very unique opportunity. This salon is cash-flow positive from the chair rental alone!
The salon has three hair stations, two of which are rented by long-time stylists, providing complete hair and makeover services. Additionally, there is a manicure station available for added rental income. Alternatively, you could choose to add another hair station or perhaps use this space for a small retail area to generate additional income. The décor, the equipment and the exterior of the facility have been continually updated over the years to insure that clients enjoy a pleasant experience while receiving the latest in hair care and styling.
The owner, who no longer works full time in the business, is eager to completely retire and spend more quality time with family. They are prepared to pass this wonderful opportunity on to the right buyer.
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| Potential for Growth: |
There is a manicure station available for rent which would add additional income. |
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