Exceptional Hair Salon in Amazing Location-SBA Possible

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Asking Price:
$299,000

Gross Revenue:
$414,033
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$18,500
not included in asking price

FF&E:
$10,000
included in asking price

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Business Description

Centrally located extremely successful high-end salon enjoys a very long-standing relationship in the community and an excellent reputation in the beauty industry. Located on a busy avenue, this business is a well-known, fashion-focused, service-oriented salon offering the finest of amenities and style. Having created a very loyal customer base, the salon delivers uncompromised quality and the most advanced support and hair care available.

Amazing location, beautiful interior, numerous work stations, an abundance of interior and exterior seating, plentiful parking, great relationships with the community, this full service salon is a special business. An incredible turnkey opportunity for someone who desires to own and operate their own salon.

About the Business

Location:
San Diego County, California
Year Established:
1994
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
1,800
Rent:
$11,340,000.00 Per Month
Facilities:
1,800 sq. ft., stand-alone boutique retail location; Rent: $6,300 per month; Leased through June 30, 2022 with additional 5-year term option.
Market Outlook/
Competition:
The beauty salon industry focuses on developing talent to grow a loyal customer base willing to spend on expanded products and services. The industry is one of the strongest performing within personal care and is now even one of the fastest growing industries in the U.S. Among other things, barriers to entry to the industry are the high costs of starting from scratch. A competitive advantage can be obtained by acquiring an existing salon with an excellent reputation and successful history, especially one that others consider a leader amongst the intense competition for the consumer spending dollars available.
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About the Sale

Reason For Selling:
semi retiring
Training/Support:
2 weeks

Listing Info

ID:
1562282
Ad Detail Views:
82

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Business Listed by

Linnea Westlake

Transworld Business Advisors
License# 02028068

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Sponsoring Broker:

Marshall Pollock
Transworld Business Advisors
License# BRE # 01100886


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