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For Sale: Fantastic Sams, Cut And Color - Turn Key - Los Angeles County, California

  • Status: Active

  • Posting ID: 270592

  • 2/4/23

$50,000.00

Asking Price

Los Angeles County Fantastic Sams, Cut And Color - Turn Key Business For Sale

Description

A turn-key Fantastic Sams Cut and Color located in a prime location, including the required corporate upgrades, is available for sale. The business is located in a bustling shopping center with multiple anchor businesses and many other activity centers and restaurants nearby. The hair salon has been at this location for 30 years while the current owner has been operating it for the last 14 years. The owner is planning to retire.

The facility is about 1,000 sq ft. at $5,979 monthly lease and $590 monthly CAM. There is one 5-year option remaining that will start in the middle of 2022.

The business always generated revenue during 2020. It has been recovering toward the pre-Covid revenue of about $5,000 per week. The average weekly revenue in 2021 has been around $3,003 making the business slightly profitable. Third party financing options are available for qualified buyers.

The following is a description of the furniture, fixtures, equipment, and personnel.
- 2 FT (including the owner) and 3 PT hair stylists (all W2)
- 9 chairs
- 3 shampoo chairs
- A full-color bar
- Fantastic Sams code wall paint
- Products display shelves
- An employee rest area
- Washer/Dryer
- A washroom
- A storage room

To get more information about this Fantastic Sams, Cut And Color - Turn Key business for sale in Los Angeles County please phone Matt Manavi, MBA, CBB, CBI (Intermediary, Broker - BRE License #:02018229) at 714-923-1222 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #270592 on BizBen.com. In addition to phoning Matt Manavi, MBA, CBB, CBI, make sure you email Matt Manavi, MBA, CBB, CBI above to get more info about this Fantastic Sams, Cut And Color - Turn Key, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02018229. Transworld Business Advisors of Orange.

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Contact

  1. Name: Matt Manavi, MBA, CBB, CBI
  2. phone iconPhone: 714-923-1222

Details

  1. Asking Price: $50,000.00

  2. Down: $50,000.00

  3. Cash Flow: Call/Email

  4. Revenue:    $156,000.00

  1. Area: Los Angeles County

  2. City: None Given

  1. Attributes:

    Broker CooperationFinancial AssistanceTraining & Support

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Related Links & Information Regarding This Posting

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