Business For Sale

Newport Area Hair & Makeup Salon!

Newport Beach, CA
Orange County


Asking Price: Annual Revenue:
$134,000 $113,147

Services: Hair, Nails, Spas, Tanning


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RE: Newport Area Hair & Makeup Salon! Broker: Ryan Clark

Quick Facts

Asking Price: $134,000
Annual Revenue: $113,147
Net Profit: Not Disclosed
Cash Flow: $12,974
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 7
BBN Listing #: 69554929
Broker Reference #: OCGeHair

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Business Overview:

This elegant Newport Beach / Costa Mesa area hair and make-up salon boasts a versatile layout and ideal freeway access. It specializes in haircuts, hair care and blow dry and has amassed a devoted customer following who are frequently returning to the salon for loyalist hair care and makeup. The salon’s exceptional service, talented stylists and an exclusive brand of products contributes to its success.

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Property Features and Assets:

This well-appointed 1,400 square foot facility leases for $3,750 per month on a lease until April 2020, with one 5 year option. The salon offers stylists and patrons 9 stations, with 6 rented out at $275 per week and 3 remaining available.

Market Competition and Expansion:

While competition exists in this image conscience, fashion forward and high discretionary income area, this salon’s location and customer offering set it apart. New operators may capitalize on the location’s buildout and its core base business to build a healthy and profitable operation by taking it in the direction they envision. This may include the hiring of additional hair, make-up or other technicians or renting the 3 vacant stations to them. New management may also wish to explore the addition of complementary service and/or retail offerings. As the salon is semi-absentee managed, it could also tremendously benefit from a full-time working owner. Ideally they will also be a service-technician who has their own client following.

Reason for Selling:

Personal

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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