29 Years Hair Salon - Tremendous Upside

www.GlobalBX.com

Listing ID: 700284542

Listing Title: 29 Years Hair Salon - Tremendous Upside

Quick Link: http://www.globalbx.com/listing.asp?bId=284542

Industry: Hair and Beauty

Industry Segment: Beauty Salons and Barber Shops

Country: United States

State / Province: California

Area Southern California - All Southern California

City: Garden Grove

Asking Price Range: < $250K

Gross Revenues: $48,000

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1998

Number of Employees: 1 - 3

Business Description:
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



« Close this window »