Fantastic Sams, Turnkey, Semi-Absentee

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Asking Price:
$39,450

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$1,000
included in asking price

FF&E:
$44,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

A very Motivated Seller. A turnkey Fantastic Sams Cut and Color located in Ventura County near an affluent area in a newly remodeled and a very busy shopping strip with multiple anchor businesses is available for a new owner. The hair salon was opened in January 2019 incorporating all new Fantastic Sams upgrades with 7 chairs, a new and to the (FS) code wall paint, products display shelves, 3 shampoo chairs, and a full color bar.

The owner has hired 6 stylists and a manager to convert the business to a semi absentee owner type.

While average weekly gross revenue in CQ1’19 was $1,377, in CQ2’19 it improved to $2,231. Growth opportunity is tremendous for this location. All Financial and TI records are available to review for serious buyers.

This is a Fantastic opportunity for an existing Fantastic Sams owner to expand or for an entrepreneur to start investment in a turnkey business solution at a discount price.

Contact Matt Manavi at 714-923-1222 for further information about this opportunity.

About the Business

Location:
Ventura County, California
Year Established:
2019
Number of Employees:
7
Franchise:
Yes
Facilities:
~1000 SF in a newly remodeled strip mall
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About the Sale

Reason For Selling:
personal / family
Training/Support:
2 weeks
Seller Financing:
cash purchase

Listing Info

ID:
1653728
Ad Detail Views:
0

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Business Listed by

Matt Manavi, MBA, CBB, CBI

Transworld Business Advisors of Orange
License# 02018229

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