Fantastic Sams - Motivated Seller

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Great Opportunity - Remodeled Salon
Asking Price:
$65,000

Gross Revenue:
$225,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$60,000
included in asking price

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Business Description

Fantastic Sams franchise in east county San Diego - recently remodeled. Well known franchise that specializes in services for all - women, men and children.

Great opportunity to own a remodeled salon - staffed operation - for much less than a new franchise.

Perfect for a hands on owner or semi-absentee. Possible
for an E2 visa candidate.

Salon includes - new kitchen and rest room, 8 stylist stations, 3 wash stations, POS System (Super Salon), newly renovated and new furniture and fixtures.

About the Business

Location:
San Diego County, California
Year Established:
1999
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
1,200
Rent:
$4,250.00 Per Month
Facilities:
Operated as a Fantastic Sames for over 20 years. Has been in its current location since 2014. Previously it was located across the street. Current owner has operated the business for less than one year and is selling due to relocating out of state.

The current owners have an established full service hair salon business with over 20+ years history. The salon was operated by the previous owner for the past 5 years. The salon was neglected and mismanaged and finally she abandoned the shop. Because of the mishandled behavior of the previous owners, there was no structure, no management, there was a high turnover in hair stylists, the overall look and areas of the salon was not up to State Board Standards, which resulted in customers not returning and customers posting negative comments on social media. Upon acquiring the salon the new owners recognized these issues, and immediately addressed them with the initial cleanup of the entire shop including gutting out the kitchen and bathroom, painting the entire salon, bought new furniture and fixtures and hired a whole new team. An entirely new makeover which shines beautifully. They are proud of the salon and the hard work put into it and the new customers, some returning customers, and the wonderful comments received!
Hair Salon in convenient and popular retail area. Many restaurants nearby make for good foot traffic and walk ins.
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About the Sale

Reason For Selling:
moving out of state
Training/Support:
1 week
Seller Financing:
14500.00

Listing Info

ID:
1650161
Ad Detail Views:
667

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Business Listed by

Hanson Steven

Transworld Business Advisors
License# 019956860

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Sponsoring Broker:

Marshall Pollock
Transworld Business Advisors
License# BRE # 01100886


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