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29 Years Hair Salon - Tremendous Upside
Location: United States -> California -> Southern California - All Southern California -> Garden Grove
Industry: Hair and Beauty > Beauty Salons and Barber Shops




Business Summary

This is a turnkey opportunity ready for new ownership. Prime location in a street front retail on a major thoroughfare that is active all day and night. Located near a heavily trafficked shopping strip, this has a built-in set of clients that patronize this salon regularly. The owner operator has been working alone for the past two years and the gross profit is showing that. Seller has had to turn away customers because she does not have any help. There are currently 4 stations and there is room to add more. Seller wants to stay on after the sale and rent one of the stations for $600. Buyer can add services like nails, facials and threading to boost traffic, sales and net income. This business will not last! NDA is required for exact business address to visit as A CUSTOMER ONLY!

Detailed Information

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: 900 square feet, freshly painted and great lease terms.

Competition: Plenty of competition but you can't beat the location of this business.

Growth & Expansion: See above regarding all the missing revenue streams presently.

Financing: $10,000 down, $1k per month for 40 months.

Support & Training: As needed.

Reason for Selling: Cut back on hours worked


Financials

Asking Price Range:  < $250K
Gross Revenues:   $48,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1998
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  As needed.
Reason For Selling:  Cut back on hours worked

Photos

View Larger Photo(s) Of Business
29 Years Hair Salon - Tremendous Upside Photo 1 29 Years Hair Salon - Tremendous Upside Photo 2 29 Years Hair Salon - Tremendous Upside Photo 3




Print Listing Id: 700284542
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Related Searches: Beauty Salons and Barber Shops  >  Hair and Beauty Supplies Retail and Distribution  >  Tanning Salons  >  Other Hair and Beauty  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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