NOT DISCLOSED, California
| Asking Price |
$80,000 |
Year Established |
199 |
|
| Annual Revenue |
$211,091 |
Reason for Selling |
Health issues. |
|
| Annual P/L |
|
Attention |
Dana Smith |
|
| Annual Cash Flow |
$70,236 |
Listing Number |
576301 |
|
| # of Employees |
3 |
Business Category |
Retail: Health, Beauty, Nutrition |
|
Business Overview:
Niche' Hair Salon in San Diego County
Motivated seller! Reduced from $125k to $80k with $58k in projected '22 SDE after subtracting seller's personal production. Highly professional, profitable niche' (specialty) hair salon in San Diego County. Established in 1999 and operating under the booth rent model, the business has an established clientele', a great reputation and is one of only 60 salons of its kind in the US. There are currently 3 established stylists plus the owner (who wants to continue working and paying booth rent). The space is open and can accommodate more chairs plus it has an additional private, furnished studio ideal for more stylists, additional services or an office. A great opportunity to buy an established, profitably salon for a very reasonable price!
Significant price reduction to $80k with projected SDE in 2022 of $58k after subtracting seller's personal client revenue.
Established in 1999 by the current owner. Changed to booth rent model a few years ago. The business suffered during COVID but has recovered well.
It is the only salon of its kind in San Diego County giving the business pricing power and market share.
Add more stylists and possibly other services in the private studio.
Located in a business park in a good location with very reasonable rent
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity