Business For Sale

Reduced! Busy Salon in Growing Area of Indio, CA

Not Disclosed, CA
Riverside County


Asking Price: Annual Revenue:
$46,000 $120,612

Services: Hair, Nails, Spas, Tanning


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RE: Reduced! Busy Salon in Growing Area of Indio, CA Broker: Rick Rayl
Owner Financing is Available!
$36000.00

Quick Facts

Asking Price: $46,000
Annual Revenue: $120,612
Net Profit: Not Disclosed
Cash Flow: $30,042
Total Debt: Not Disclosed
FF&E: $10,492
Real Estate: Not Disclosed
Year Established: 2016
Employees: 4
BBN Listing #: 934455367
Broker Reference #: 86808-896252

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Business Overview:

This salon opened in 2016. Located in a strip center with major anchors, it remains busy despite major growth activity in the area. three new hotels are under construction or planned within walking distance. Location is major retail area near US-10 offramp. Profitability is better than it appears due to the change in tax laws affecting salons. This salon was commission and is now rental for non-owner revenues.
Owner willing to work 3 days per week for a year to transition clients.

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Property Features and Assets:

Opened in 2016. Salon is very busy during season with many snowbird clients returning. Located in a major retail center right off the I-10 freeway with major Big box anchors.

Market Competition and Expansion:

Only 2 competitors nearby. One whose clients visit for repairs! Shopping center is undergoing major renovation with a vacant big box under construction to bring many 4 stores. Also a new hotel is under construction nearby. Limited advertising and web presence provides opportunity to drive more traffic.

Reason for Selling:

Moving

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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