Rocks Blow Dry Bar Los Gatos, CA

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Asking Price:
$95,000

Gross Revenue:
$363,400
Cash Flow:
$36,729
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,500
included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Rocks Blow Dry Bar Los Gatos BTI 8636
Rocks Blow Dry Bar is located in Los Gatos, CA with services for shampooing, drying and hair styling no hair cutting or coloration. There are eight styling stations plus three shampoo bowls. Rocks has a unique and proprietary Rock and Roll theme created as a model to franchise later. The seller has trademarked The ROCKS Blow Dry Bar logo and tag line: WASH IT. DRY IT. ROCK IT! They enjoy an excellent reputation with a 4.5 Star YELP rating and a strong Google presence. They have an excellent service culture and clients love them. The owner has spent 6 years building a strong business with a highly regarded reputation. The business manages itself the owner is semi absentee spending only 8/10 hours weekly running the business and does not work as a stylist. Note all employees are salaried W-2 employees. BTI 8636

Purchase Price Cash $95,000
Sales $363,460 Cash Flow $36,729 For 12 months ending Sep 2018 from FY P&L Employees FT: 4, PT: 6 Owners FT: 0, PT: 1 (8-10 hours per week)
Base Rent $2,892 NNN $1,137 Bldg. Size (Sq. Ft.) 723 Lease Expires 11/30/2022 With One Option for 5 Years
Reason for Sale Leaving Business
Hours: Mon Tues Weds Fri Sat 10:00 - 6:00 Thurs 9:00 - 7:00 Sun 10:00 - 4:00
BTI# 8636

About the Business

Location:
Los Gatos, California
Year Established:
2012
Number of Employees:
4 FT 6 PT
Facilities:
Base Rent $2,892 NNN $1,137 Bldg. Size (Sq. Ft.) 723 Lease Expires 11/30/2022 With One Option for 5 Years
Website:
www.rocksblowdrybar.com
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About the Sale

Reason For Selling:
leaving business
Training/Support:
2 weeks for 20 hours per week

Listing Info

ID:
1566426
Ad Detail Views:
56

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Business Listed by

Michael Floorman

BTI Group Inc.
License# 01160661

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