Hair Salon
www.GlobalBX.com
Listing ID:
700280534
Listing Title:
Hair Salon
Quick Link:
http://www.globalbx.com/listing.asp?bId=280534
Industry:
Hair and Beauty
Industry Segment:
Beauty Salons and Barber Shops
Country:
United States
State / Province:
California
Area
City:
Los Angeles
Asking Price Range:
< $250K
Gross Revenues:
$289,102
Cash Flow:
$31,093
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2014
Number of Employees:
6 - 9
Business Description:
A Fantastic opportunity to earn over 35% Return on Investment (ROI) on this business purchase as an absentee owner! Both the revenue and net cash flow can significantly be improved with a some management involvement initially. If you have a license and wish to operate one of the chairs, then your income could potentially be in the 6 figures!
2016 discretionary earning was at about $31,000 as an absentee owner!
This store is located in a prime and growing retail shopping center in Northeast LA County. To start a Fantastic Sam's will cost you over $150,000 in addition to lost opportunity to complete build-out and build a customer base (6 months to 1 year). You get to own this operational location at 40% discounted price while generating cash flow from day one!
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