Longstanding Successful Salon

Escondido, CA
San Diego County

Asking Price: Annual Revenue:
$69,000 $176,356

Services: Hair, Nails, Spas, Tanning

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RE: Longstanding Successful Salon Broker: Mitch McGinley
License #: 02092636

Quick Facts

Asking Price: $69,000
Annual Revenue: $176,356
Net Profit: Not Disclosed
Cash Flow: $51,360
Total Debt: Not Disclosed
FF&E: $2,905
Real Estate: Not Disclosed
Year Established: 2010
Employees: 5
BBN Listing #: 195523364
Broker Reference #: 106-15557

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Business Overview:

Longstanding and successful Salon in Escondido is primed and ready for a new owner to take it to the next level. Profitable and consistent for 10 years without even having a website. Owner suggests it's a perfect opportunity to step into a successful business and easily add some significant value. Owner is coming up on the end of the lease and would rather reduce her responsibility and stay on as a stylist. Hoping to find someone who sees the potential, perhaps add online booking and do a little bit of advertising to drive new customers, higher sales and greater profits. Currently 5 stylists working as independent contractors on a commission split totaling roughly 100 hours per week. Salon has 8 chairs, 3 hair dryers and 3 sinks. Great shopping center with big name stores. For all inquiries, please contact broker. Please use email reply button of this ad to contact us.

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Property Features and Assets:

1,200 square feet, Rent is $2,505.

Reason for Selling:

Reduce Responsibility.

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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