Barber Shop/Hair Salon
Location: California > Orange County > Laguna Hills
Industry: Hair and Beauty > Beauty Salons and Barber Shops
Financials
Asking Price: $60,000
Gross Revenue: $200,000
Gross Revenue Comments: still gathering financials
Cash Flow: $40,000
Cash Flow Comments: not counting owners income from his own clients
Inventory: $1,000 (Included in Asking Price)
FF&E: $15,000 (Included in Asking Price)
Seller Financing: no
Business Summary
Well established (20 years) Barber shop & Hair salon.
Owner wants to retire.
5 full time barbers
3 full time 2 part time Stylist
current owner is a working owner.
still gathering financials. Estimated revenue is over 200k estimated net income to owner is over 40k not counting income from his own customers.
About the Business
Year Established: 1988
Employees: 8 full time - 2 part time
Facilities: 1200 sq. ft. total rent $3,450, lease ends 2010 with one 5 year option. great location with older clientele
Market Outlook and Competition: very good
About the Sale
Management Training and Support: yes, owner will introduce and turn over his clientele to new owner if new owner is going to work.
Reason For Selling: seller wants to retire

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Listing Tools
BizQuest ID:908715
Seller ID:10189
Business Listed By
Name:Mike Mycka
Company:Option One Business Sales & Acquisitions
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