Hair Salon More Than 30 Years Business
Location California,United States
Asking Price Range < $250K
Gross Revenues $62500
Net Profit / Cash Flow $15250
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1979
Number of Employees 1 - 3
Inventory 5000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 1 week
Reason for Sale Retiring
Description This salon has been in business for more than 30 years in the city of Lomita. They moved to the current location about 15 years ago when it was a brand-new building. The salon is located in a strip center in a clean and safe neighborhood in the City of Lomita.
The space is about 800 square feet, high ceiling and spacious. There are 5 service stations and 6 hair dryers, 3 shampoo bowls, 1 nail station and a reception area. The rent is $1075 per month.
The owner and 3 part time employees, who are long time employees, are running this salon. The current owner is willing to stay on a part time status depending on the new owner's request. The place and FF&E are maintained very well. The asking price is $50,000.
Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by Broker as to accuracy. Broker has made no independent verification of the data contained herein. Buyer is advised to perform its own independent due diligence and seek the advice of professionals prior to purchasing the Business.
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