Profile: Very Profitable, Upscale Salon Located On A Major, High Traffic Count Boulevard!
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$65,500 |
| Down Payment: |
Negotiable |
| Annual Revenue: |
$144,000 |
| Annual Adjusted Net: |
$52,300 |
| Price Range: |
$0 to $100,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Phenomenal Cash Flow Beauty Salon - Price Reduced & Terms Improve! Seller Very Motivated; Family Issues - Western San Bernardino County
Business Summary:
Very Profitable, Upscale Salon Located On A Major, High Traffic Count Boulevard In Western San Bernardino County, California. With Approximately 1,207 Square Feet Of Space, It Is Close To A Major Freeway And Adjacent To A Major Shopping Mall Where It Has The Advantage Of Considerable Walk-In Traffic Along With Its Regular Clientele. A Wide Variety Of Hair Services Are Offered, Including Shampoo, Cut And Style, Coloring, And Hair Extension And Straightening. There Is A 140 Sq. Ft. Alcove That Currently Serves As A Kids Room But Also Could Function As An Area For Nails, Massages, Beauty Supply Sales Or 3 Additional Beauty Chairs.
The Facility Has A Significant Customer Loyalty, Having Been In The Same Location And With The Same Ownership For The Past 9 Years. It Contains 8 Booths, 5 Are Rented On A Full-Time Basis, 1 On A Part-Time Basis And 2 Are Available For Expansion. There Is A Commission Paid On Product Sales.
The Ideal Buyer Would Be Someone Out Of The Industry Who Is Has The Ability To Operate And Expand The Salons Current Services.
General Information
Year Established: 1998
Facilities: Monthly Cost Of 2,600 (Including Cams) Lease Expires In November, 2007; Landlord Amenable To Re-Negotiating A New 3-Year Term
Price Includes: Tenant Improvements And Furniture, Fixtures And Equipment With A Cost Of 54,000. Inventory Of 3,000 Not Included.
Reason Selling: Owner Moving
Asking Price: 65,500
Gross Revenues: 144,000
Sellers Discretionary Earnings: 52,300
For More Information On This Business Opportunity, Please Contact Jim Orth At 951/277.4002 Ext. 351 Or J.Orth@sunbeltnetwork.Com!
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