Fantastic Sams in LA - Net $40K
Location: California > Orange County > Torrance
Industry: Hair and Beauty > Beauty Salons and Barber Shops
Financials
Asking Price: $99,000
Gross Revenue: $186,000
Cash Flow: $40,000
FF&E: $40,000 (Included in Asking Price)
Seller Financing: negotiable
Business Summary
Fantastic Sams located at premier busy location. The shop can be fully staffed with 8 stylists (6 Stylists presently) and it generates around $186K per year in revenue. Salon is well-runned.
Owner is currently absentee, so an owner operator who cuts hair can see additional economic benefit.
Shop has 1,450 SF of space, 9 chairs, and currently 6 employees. Rent is $2,950/Mo. Lease 2009 with 5-year option or new lease option. Rev is $186K/year but once fully staffed the shop can add additional stylist and more revenue. Cash flow with absentee owner is currenlty breakeven, while Cash Flow can be $40,000 for an owner stylists/ operator.
Asking price is $99K.
Go to www.CrossRoadsBusiness.com to download an NDA and fax to 949-266-8495, Attn, Vasilis Georgiou.
Owner is currently absentee, so an owner operator who cuts hair can see additional economic benefit.
Shop has 1,450 SF of space, 9 chairs, and currently 6 employees. Rent is $2,950/Mo. Lease 2009 with 5-year option or new lease option. Rev is $186K/year but once fully staffed the shop can add additional stylist and more revenue. Cash flow with absentee owner is currenlty breakeven, while Cash Flow can be $40,000 for an owner stylists/ operator.
Asking price is $99K.
Go to www.CrossRoadsBusiness.com to download an NDA and fax to 949-266-8495, Attn, Vasilis Georgiou.
About the Business
Year Established: 1978
Employees: 6 full time -
Franchise: Yes
Facilities: 1,450 SF
About the Sale
Management Training and Support: excellent
Reason For Selling: new ventures
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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