Profitable Hair Salon For Sale
Location:
United States
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California
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Northern California - Bay Area
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Santa Clara
Industry: Hair and Beauty > Beauty Salons and Barber Shops
Business Summary
This hair salon for sale is well located in an attractive shopping center in an affluent West Santa Clara County community. The popular high-end grocery store next door generates heavy foot traffic to the center. Established 12 years ago, the business enjoys steady income, long-time stylists and devoted customers. The salon specializes in hair and make-up, and also makes money by selling hair-care products. The salon has clean records showing over $130K net income over the past three years, and first quarter 2009 receipts are on track for another solid year. The owner is a stylist and is willing to stay on under new ownership. This business would benefit from an owner-manager, ideally someone who is already a stylist. This is a rare opportunity to own an established, solidly profitable hair salon at a very reasonable price. The owner wishes to sell in order to spend more time with her family. $15,000 inventory is included in the price. Only asking $150,000!
Financials
Asking Price Range: < $250K
Gross Revenues:
$390,474
Cash Flow:
$131,317
Cash Flow Type: Sellers Discretionary Cash
Inventory: $15,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1997
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 4 weeks.
Reason For Selling: Family obligation.
Click on the "I'm Interested" button above for more information on this Hair and Beauty > Beauty Salons and Barber Shops business for sale.
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Print Listing Id: 700108342
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