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Asking Price:	$48,000 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	Out of Country Relocations - MUST SELL!
Year Established:	1988

Business for Sale Overview:

Seller is relocating overseas and must sell immediately! May be willing to accept $10,000 down payment with reasonable monthly payments. This turn-key salon is an excellent opportunity for a stylist wishing to become a salon owner in Lake Elsinore. Trendy, yet sophisticated, this Paul Mitchell “Focus” salon has recently undergone a complete remodel. This resulting look is sharp with blacks, greys, and whites complimented with walls of bright colors and new mirrors, furniture and equipment. The 8 new large styling stations feature 6-feet long counter spaces and wall-length large mirrors. 2 new adjustable wash bowls with chairs have been added, as well as a drying area with 2 wall-mounted adjustable hood dryers and seating. Behind the Paul Mitchell color bar, the back areas have abundant cabinetry for supplies and products. Lunch area provides table, chairs, refrigerator and microwave. Waiting area is tastefully decorated with a gorgeous, contemporary reception station with register, and Paul Mitchell product displays and licensed artwork. Salon currently has 7 stylists, including the owner. Owner may be willing to finance.

Property Features and Assets:

1,039 square feet with product and reception area, 8 large styling stations, wash area, dryer area, lunch/break area, mixing area, and restroom. Very nice retail center. Favorable lease terms at $2,267 per month. The salon has been in this suite for approximately 20 years, 3 years current ownership. Owner may be interested in on-going Part Time booth rental.

Market Competition and Expansion:

Employees begin at 50% commission, then are offered booth rental at $120 per week. Hours are 10am-8pm Tue-Thu, 9am-5pm Fri-Sat. and can be extended to facilitate further growth. Salon offers all hair services: cutting, color, block color, Japanese straightening, perming, and styling. Also offered are airbrush make-up services and retail sales of products and high-end tools. As one of the few Paul Mitchell Focus salons in the Inland Empire, the new owner will be offered unparalleled support including ongoing education, advertising and marketing tools, “Concierge” personal technical assistance with products, exclusive gatherings and events, co-op advertising, direct mail postcards, branded business cards and public relations materials, preferred placement on the Paul Mitchell website salon locater service, and recruiting opportunities from the Paul Mitchell school in Temecula. Growth ideas include increased hiring, advertising and expansion of open hours.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be 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.