Profitable Beauty Salon & Spa in Great Central OC Location (ID: 1086525)

Seller Financing Available!
Asking Price: $340,000
Gross Revenue: $458,008
Cash Flow: $133,454
Inventory: $30,000 **
Real Estate: n/a **
FF&E: $300,000 ++
Business Listed by Karen ChristensenTransworld Business Advisors-IrvineLicense: 01877837View All of My Listings
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Profitable Beauty Salon & Spa in Great Central OC Location
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Business Description

This beautiful salon and spa is located in an affluent OC community and has consistently operated at a profit. The current owner has extensive experience in the salon industry and designed this location to create a luxurious, serene environment for its clients. All of the furniture, fixtures and amenities were chosen for their quality and are in excellent condition. The salon offers the highest level of personal care services. The salon services include hair cutting and coloring, nails, tinting, waxing and threading, make up application and permanent make up. The 2 fully equipped spa rooms are spacious and comfortable. The current owner will commit to renting 2 chairs at current rates for a minimum of one year. The cash flow assumes an owner/operator and the current owner rental of 2 chairs.

About the Business

Year Established: 2004
Number of Employees: 8

Facilities: Located in upscale, busy shopping center that is anchored by several large restaurants. Shopping center is on a major, high traffic street in affluent OC community adjacent to large residential areas and close to major freeways. This large salon is in excellent condition with high end furniture and fixtures and visible signage. There is ample parking in the center’s lot.

Market Outlook/Competition: Owner is currently increasing revenue by adding 100% commission stylists rather than renting chairs. The salon has the capacity to add stylists and an aesthetician. Recently added stylists have successfully added new clients. This salon was designed for and caters to an affluent OC community. Customers and stylists appreciate the salon’s amenities.

About the Sale

Reason For Selling: Family commitments

Training/Support: Seller will train for 2 weeks at 30 hours per week

Seller Financing: Seller will consider financing for qualified buyer

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