Business Overview:
Spacious hair salon with customer friendly atmosphere in a great neighborhood shopping center in city of Orange. The salon is well designed to include ten professional hair stations which all are rented on the flat weekly rental basis. The shopping center is surrounded by houses & apartments & all the spaces in the center are rented out to unique & specialty shops & there is no vacant store in the center. The current owner owns the hair salon for the last 18 years & the salon has been in the same location for over 25 years & it is very well known by the locals & neighborhood. The new owner does not need to be stylist & can work as a manager and greets customers to increase customer service even more while saving payroll to increase profitability. Also other services like facials or nails could be added to increase revenue & profitability. The current owner would like to have more free time to spend with the family, but will stay & work as stylist.
Annual Revenue: $85,000
FF&E: $40,000 (Included in the price)
Inventory: $2,000 (Included in the price)
Seller’s Discretionary Cash Flow: $20,000
Asking Price: $50,000
Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
1,600 square feet - rent $3,200. lease expires 2010. ample parking.
Reason for Selling:
family.
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.