Profitable & Growing Specialty Hair Salon

Not Disclosed, CA
San Diego County

Asking Price: Annual Revenue:
$239,000 $694,158

Services: Hair, Nails, Spas, Tanning

Request More Information
Contact the Seller

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

Quick Facts

Asking Price: $239,000
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

Email, Print & Share

Request More Information
Contact the Seller

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. Manager 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 $239,000 (includes about $12,000 inventory). Seller Financing available to those with good credit. SBA Possible with 20% down.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!