Business For Sale

Profitable & Growing Specialty Hair Salon

Not Disclosed, CA
San Diego County

Asking Price: Annual Revenue:
$295,000 $694,158

Services: Hair, Nails, Spas, Tanning

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RE: Profitable & Growing Specialty Hair Salon Broker: Linnea Westlake
Owner Financing is Available!

Quick Facts

Asking Price: $295,000
Annual Revenue: $694,158
Net Profit: Not Disclosed
Cash Flow: $122,049
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 18
BBN Listing #: 359133008
Broker Reference #: 2401-585661

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Business Overview:

Profitable & Growing Specialty Hair Salon with Memberships – Absentee Owner
Hair salon voted Best of North County, San Diego. Great reviews. Membership and Packages offered. Beautiful, professional, spacious and welcoming environment. Modern decor like new, modern concept successful. From bi-weekly "maintenance" to special occasions or disabled customers, this salon serves the image conscious North County Coastal Community. YoY earnings expected to double.

Net Sales
2016: $496,288
2017: $597,335
2018: $665,915

Most employees are paid minimum wage hourly plus bonus. GM andTrainer in place.
10 hydro styling stations, 4 wash basin’s, color bar and private room for esthetician. Washer/dryer, sink, refrigerator, front desk, with 2 computer stations, TV's and storage closets. Sound, security system and new AC. Plenty of room for retail and growth. About 5 years remaining on lease expiring July 21, 2023, option negotiable. Current lease incl. CAM $6805/mo. Terrific street presence and ample parking. TI/FFE est $200k.
Salon concept suitable for franchising with motivated ownership.
Absentee Net $86k. SDE $122k. Asking $295,000 (includes about $12,000 inventory). Seller Financing available to those with good credit.

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Reason for Selling:

Other interests.

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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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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