Fantastic Sams Net $70k
Location California,United States
Asking Price Range < $250K
Gross Revenues $280000
Net Profit / Cash Flow $70000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2006
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Excellent.
Reason for Sale Retirement.
Description Nationally recognized model Fantastic Sams located at premier busy location. The shop can be fully staffed with 8 stylists (6 Stylists presently) and it generates around $280K per year in revenue. Salon is profitable and well-runned.
Owner is currently absentee, so an owner operator who cuts hair can see additional economic benefit. State of the art software (internet capable).
Shop has 1,450 SF of space, 8 chairs, and currently 6 employees. Rent is $5,340/Mo. Lease 2011 with 5-year option. Rev is $300K/year but once fully staffed the shop can add additional stylist and more revenue. Cash flow with absentee owner is $60K, while Cash Flow can be $90,000 for an owner stylists/ operator.
Asking price is $230K. Contact Vasilis Georgiou for more information on this Fantastic Sams franchise for sale.
Click Here To Contact Seller
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