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Businesses For Sale   >>   Hair and Beauty Businesses For Sale

Hair Salon Pedicure Studio Massage Facial - Absentee

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $50000
Net Profit / Cash Flow  $20000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2008
Number of Employees  6 - 9
Inventory  3000
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Owned
Training  As needed
Reason for Sale  Other business interests

Description  
Seller is an absentee owner, and quoted adjusted net profit is for similar absentee-owned situation. Ideal acquirer is stylist looking for their own operation, who has stashed away some cash and wants their own home base that more then covers base operations & costs and then some profit as well. There are two vacancies in the operation, one hair stylist station is unrented, and the massage/facial area is not occupied by anyone at this time. Revenue model is chair rental providing steady, recurring revenue from stylists that have all been seasoned and established not less than three months. Location is 1,200 square feet, rent should be approximately $2,200 to $2,500 pending negotiations with the duration and final terms with the landlord. NDA is required to do a drive-by and secure financial package on file with the Broker. Facilities: Salon has six hair stations, two manicure/pedicure stations, and one interchangeable massage/facial room. Competition: Salons are competitive, but this location is solid in a good plaza with plenty of parking. Growth & Expansion: Current owner is absentee, most salons thrive in an owner-operator situation. There are vacancies via current roster of chair rentals so upside exists in that regard. Financing: If the price and deal structure is right.


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