A Turn-Key Fantastic Sams Hair Salon in LA County

Not Disclosed, CA

Asking Price: Annual Revenue:
$50,000 $259,000

Services: Hair, Nails, Spas, Tanning

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RE: A Turn-Key Fantastic Sams Hair Salon in LA County Broker: Mahdad (Matt) Manavi

Quick Facts

Asking Price: $50,000
Annual Revenue: $259,000
Net Profit: Not Disclosed
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 337551845
Broker Reference #: 51951-685043

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Business Overview:

A turn-key Fantastic Sams Cut and Color located in a prime location, including the required corporate upgrades, is available for sale. The business is located in a bustling shopping center with multiple anchor businesses and many other activity centers and restaurants nearby. The hair salon has been at this location for 30 years while the current owner has been operating it for the last 14 years. The owner is planning to retire.
The facility is about 1000 SF at $5,979 monthly lease and $590 monthly CAM. There is one 5-year option remaining that will start in the middle of 2022.
The business always generated revenue during 2020. It has been recovering toward the pre-Covid revenue of about $5,000 per week. Average weekly revenue in 2021 has been around $2,897 making the business slightly profitable YTD.
Third party financing options available for qualified buyers.
The following is a description of the Furniture, Fixture, Equipment, and personnel
• 2 FT (including the owner) and 3 PT hair stylists – all W2
• 9 chairs
• 3 shampoo chairs
• A full-color bar
• Fantastic Sams code wall paint
• Products display shelves
• An employee rest area
• Washer/Dryer
• A washroom
• A storage room
Please reach out to Matt Manavi at mmanavi@tworld.com or call at 714-923-1222 to discuss if this is the right business for you.

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Additional Details:

  • The property is owned.
  • The owner is not 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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