Profitable Hair Salon For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $390474
Net Profit / Cash Flow $131317
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 4 - 5
Inventory 15000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 4 weeks.
Reason for Sale Family obligation.
Description This hair salon for sale is well located in an attractive shopping center in an affluent West Santa Clara County community. The popular high-end grocery store next door generates heavy foot traffic to the center. Established 12 years ago, the business enjoys steady income, long-time stylists and devoted customers. The salon specializes in hair and make-up, and also makes money by selling hair-care products. The salon has clean records showing over $130K net income over the past three years, and first quarter 2009 receipts are on track for another solid year. The owner is a stylist and is willing to stay on under new ownership. This business would benefit from an owner-manager, ideally someone who is already a stylist. This is a rare opportunity to own an established, solidly profitable hair salon at a very reasonable price. The owner wishes to sell in order to spend more time with her family. $15,000 inventory is included in the price. Only asking $150,000!
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