Rare opportunity to acquire a high-volume salon business generating approximately $600,000 in annual sales with an attractive all-inclusive rent structure in the heart of Burlingame.
Property Highlights
Approx. 1,200 SF
Lease Term: 2.5 Years Remaining + One 5-Year Option
Rent: $5,150/Month (Includes NNN, Water, PG&E, and Garbage)
5 Hair Wash Stations
Fully Built-Out Salon
Turnkey Operation
Convenient Access and Strong Local Customer Base
Business Information
Annual Gross Sales: Approximately $600,000
Established Business with Repeat Clientele
Ideal for Owner-Operator or Industry Professional
Opportunity to Continue Existing Operations or Introduce New Services
Located on California Drive in Burlingame, this salon benefits from excellent visibility, strong surrounding demographics, and a well-established commercial corridor.
This is an excellent opportunity for a buyer seeking an affordable entry into a thriving Burlingame market with favorable occupancy costs and a proven operating history.
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 42,394 | 124,871 | 211,685 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 16,446 | 46,658 | 77,093 |
| 2010 Persons Per Household | 2.45 | 2.55 | 2.58 |
| Median House Value | $1,000,000 | $863,193 | $790,594 |
| Income Per Household | $109,775 | $94,632 | $90,844 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 2,116 | 4,622 | 6,835 |
| 2012 Number Of Employees | 66,738 | 129,366 | 228,830 |
| 2012 Total Annual Payroll | $1,965,206,000 | $3,831,530,000 | $4,294,967,295 |
This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.
