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For Sale: Fantastic Sams Hair Salon - Absentee Run - Riverside County

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Current Status: Active     Posting #: 249484     Last Refreshed: 6/15/19    
Contact: Paul At 951-268-0236  -  Also Email This Contact Below
Price:  $119,000     Down:  Call / Email     Adjusted Net:  $60,000     Revenue:  $537,000    
Attributes:  Absentee Run, Semi-Absentee Run, Training & Support     Cooperation With Brokers?  Call
Riverside County Fantastic Sams Hair Salon - Absentee Run Business For Sale

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  Description About This Posting: Fantastic Sams Hair Salon - Absentee Run
Salons are priced very aggressively, at a low multiple of 1.8 x earnings. rnrnAmazing business opportunity. Two well established hair salons that have been in business over 10 years with large customer bases. One salon has strong YOY growth. rnrnUpside PotentialrnBoth locations have added upside potential. One of the shopping centers bringing in newly added anchor stores Chase Bank, and Starbucks that will be opening in the next 3 months. Each salon could also add 1-2 stylist for additional growth potential, especially with increased traffic to the location with the new anchors. rnrnManagement and Key Persons True Absentee BusinessrnEach salon has a manager in place and currently fulfill all day to day operations, therefore, this is a true absentee business. Owners spend about 2 hours per week running the company, this could also be eliminated if the final task of banking that the owners currently perform is delegated to one of the Managers. There are currently a total of 15 employees in the company. rnrnTrainingrnOwner will provide training to buyer. Also, Franchisor provides New Owner training if new owner desires. rnrnEquipment rnEach salon has 10 stylist stations, 4 shampoo bowls, 3 hair drying stations, reception desk, reception chairs, TV's, coffee station, digital cameras, and are very well kept, with all salons having received a refresh with new paint. rnrnThis is a technology proof business as well as a recession proof business, an amazing opportunity to own a premiere franchise.rnrnGross Revenue over 500K. rnNet Earnings 60K.

To get more information about this Fantastic Sams Hair Salon - Absentee Run business for sale in Riverside County please phone Paul at 951-268-0236 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #249484 on BizBen.com. In addition to phoning Paul, make sure you email Paul above to get more info about this Fantastic Sams Hair Salon - Absentee Run, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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