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For Sale: Profitable Full Service Salon And Spa - San Diego County

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Current Status: Active     Posting #: 244609     Last Refreshed: 11/8/18     BRE License #: 02028068    
Contact: Linnea M. Westlake At 925-209-4592  -  Also Email This Contact Below
Price:  $90,000     Down:  $90,000     Adjusted Net:  Call     Revenue:  $273,928    
Business Address:  None Given     City:  San Diego     Zip:  None Given    
Attributes:  Absentee Run, Semi-Absentee Run, Lifestyle, Training & Support, Owner Financing     Cooperation With Brokers?  Call
San Diego County Profitable Full Service Salon And Spa Business For Sale

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  Description About This Posting: Profitable Full Service Salon And Spa
Exquisite profitable salon in exclusive north county san diego neighborhood is a repeat destination for clients rejuvenating with professional hair, skin and nail care. Shopping therapy optional in the tasteful boutique.

Rare profitability for salon owner has been demonstrated year over year from long established booth renters, salon services and retail. The income opportunity for those working with clients and practicing their trade is as good as it gets.

Salon has been catering to the pampering requirements of this affluent community for over 20 years. Current owners of 5 years have recently completed an extensive remodel investing approximately $70,000. The result is a gorgeous, open, light and bright retreat for it's clients.

1700 sqft, great web site, ratings and lots of parking.

Room for 9 hair stations now, could add 4 more. 4 wash basin's incl. Handicap. Nail station and two pedi-baths. Facial/wax room, spray tan room. Kitchen, washer/dryer. Large lobby for retail.

6 hair and 1 nail stations have been consistently rented. There is one pt stylist and 1 % lease stylist. Two part-time at front desk. Sellers will stay and rent or pay the salon percentage lease upon ownership transfer and there is room to grow. Rent 4 of the available open booths and generate an additonal $72k per year. Significant opportunity for additonal retail income.

Salon gross 2017: $273,928. Absentee net $49,551. SDE $80,751.
Price $90,000 plus inventory.

FFE of approximately $24k included in price.
Inventory estimated at $35k.

Seller production behind the chair of approximately $160k is not considered in these numbers.

Buyers will be asked to complete a buyer profile and demonstrate fico and financial capacity to close escrow and qualify for the lease prior to receiving detailed p&l's or being invited to tour the salon. Seller financing may be offered to buyers with good credit and salon experience.

To get more information about this Profitable Full Service Salon And Spa business for sale in San Diego County please phone Linnea M. Westlake (Intermediary, Broker - BRE License #:02028068) at 925-209-4592 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #244609 on BizBen.com. In addition to phoning Linnea M. Westlake, make sure you email Linnea M. Westlake above to get more info about this Profitable Full Service Salon And Spa, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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  Helpful Resources To Assist In Selling And Buying California Businesses

Ken Oppeltz, Business Broker, San Diego County

We have been San Diegos premier business broker and merger and acquisition specialist since 1989. Staffed with some of the best-qualified and most experienced business brokers in the industry, our professionals have all earned or are candidates for the Certified Business Intermediary (CBI).

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Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Mark Chatow, Esq.: Legal Services For Buying, Selling Businesses

Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.

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