Exclusive, High End Hair Salon
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $257000
Net Profit / Cash Flow $135733
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1992
Number of Employees 4 - 5
Inventory 21000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours / week.
Reason for Sale Moving out of state.
Description This high end Dana Point area hair salon for sale is located within one of the country's most exclusive communities. Established since 1992, the salon boasts a long list of loyal, high profile clients providing it a unique advantage over other salons. The salon is staffed with experienced and talented commissioned stylists capable of taking on any job, allowing the owner to focus on marketing and growth strategies. The salon is known for its friendly and professional working environment, where teamwork and customer service are the driving force to its ''cutting edge'' success. The seller is willing to stay on for an extended period of time to ensure a smooth transition to a new owner, as she is often booked well in advance.
Asking Price $250,000.
The salon is located in a 1,100 square foot facility which leases for $3,341 per month (including CAM). The lease is valid through 2010 with the potential for additional options. The sale includes the salon's 7 stylist stations (with room for more), 2 shampoo stations, customer database, makeup station, extensive inventory of supplies and product, as well as the business' well known name.
Competition is considered high as the Dana Point / Laguna area has a number of high end hair salons, however, this salon's unique location and reputation for service, quality and non-pretentious attitude has made it a favorite among both customers and stylists alike.
The salon is still growing and has plenty of room for continued sales increases. Due to its proximity to some of the world's most exclusive resorts, the salon's customer base extends well beyond California. A new owner may also capitalize on growing the business' wedding and bridal party opportunities, which has had a great deal of demand over recent years.
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