Fantastic Sams - Great Opportunity

Not Disclosed, CA
San Diego County

San Diego

Asking Price: Annual Revenue:
$49,500 $225,000

Services: Hair, Nails, Spas, Tanning

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RE: Fantastic Sams - Great Opportunity Broker: Steven Hanson
Owner Financing is Available!

Quick Facts

Asking Price: $49,500
Annual Revenue: $225,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 6
BBN Listing #: 378133008
Broker Reference #: 2401-346560

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Business Overview:

Fantastic Sams franchise in east county San Diego - recently remodeled. Well known franchise that specializes in services for all - women, men and children. New Price - Motivated Seller - great opportunity.

Great opportunity to own a remodeled salon - staffed operation - for much less than a new franchise.

Perfect for a hands on owner or semi-absentee. Possible
for an E2 visa candidate.

Salon includes - new kitchen and rest room, 8 stylist stations, 3 wash stations, POS System (Super Salon), newly renovated and new furniture and fixtures.

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Property Features and Assets:

Hair Salon in convenient and popular retail area. Many restaurants nearby make for good foot traffic and walk ins. Operated as a Fantastic Sames for over 20 years. Has been in its current location since 2014. Previously it was located across the street. Current owner has operated the business for less than one year and is selling due to relocating out of state. The current owners have an established full service hair salon business with over 20+ years history. The salon was operated by the previous owner for the past 5 years. The salon was neglected and mismanaged and finally she abandoned the shop. Because of the mishandled behavior of the previous owners, there was no structure, no management, there was a high turnover in hair stylists, the overall look and areas of the salon was not up to State Board Standards, which resulted in customers not returning and customers posting negative comments on social media. Upon acquiring the salon the new owners recognized these issues, and immediately addressed them with the initial cleanup of the entire shop including gutting out the kitchen and bathroom, painting the entire salon, bought new furniture and fixtures and hired a whole new team. An entirely new makeover which shines beautifully. They are proud of the salon and the hard work put into it and the new customers, some returning customers, and the wonderful comments received!

Reason for Selling:

moving out of state

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 a franchise resale opportunity.

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