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Business For Sale
SALON WITH MAJOR VENDOR IN PRIME LOCATION
Attn:
Mike Bessey
SW Riverside County, CA, USA
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Listing Number: "115-10012"
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Listing
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Asking Price: |
$165,000
USD USA Dollars
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Business for Sale Industry: |
Services: Hair, Nails, Spas, Tanning
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Reason for Selling:
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Seller wants more time for family |
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Year Established:
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2006 |
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# of Employees:
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3 + 6 ind. contractors |
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Yearly Revenues:
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$175,135 |
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Yearly Cash Flow:
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$38,000 |
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Monthly Payroll:
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$3,300 |
Business for Sale Overview:
Check out this great salon in SW Riverside County! Great location!
The price of this business is based on the following: $20,000 inventory plus $130,000 leasehold improvements plus $15,000 furniture, fixture, and equipment. This is essentially an asset sale. ADDED BONUS: The adjusted net of this salon is $38,000! You buy just the assets and you get cash flow!
There are 10 hair stations and plumbing for 1 nail station. This salon does skin treatments as well as hair.
This salon is affiliated with a major vendor which means you get the best product in the industry. It also means your stylists will get great training and continuing education credits available to them for free. That's a wonderful recruiting tool!
Seller will rent a chair from you for one year, keeping customers coming in and, if you'd like, guiding you in getting the business going.
Property Features and Assets:
1,417 square feet with 10 hair stations, plumbing for 1 nail station. Seller did entire build-out. Beautiful salon.
Market Competition and Expansion:
Sales trend is on the way up!
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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