This is a great opportunity to own a national franchise hair care at this price. No experience needed & 100% Absentee run national franchised hair which is fully staffed with stable manager & employees in place & has under market rent located in a great shopping center.
The salon was established 6 years ago with repeat customers and new walk-ins daily & has 4 stars in Yelp reviews.
Full service salon with great brand appeal caters to men, women and children that offer cuts, color, highlights, blow-dry and perm to service all the families in the area no appointments needed at a great price. Costco, & Home Depot are close by & and a huge mall is across the street. Strong store sales come from very loyal customers who love to get color and highlights. 20% of sales come from color & that is a great Key Performance indicator (KPI) in the hair industry.
According to the seller the business is also SBA approved & the brand reigns as a top performer and a household name in southern California. A complete new build out would cost about $200,000.
Seller is relocating to East Coast & is motivated to sell.
Annual Revenue: $174,740
FF&E (Included in the price): $50,000
Seller's Discretionary Cash Flow: $40,950
Asking Price: $89,000
Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.
For more information contact Mehdi Kazerooni at SUNBELT BUSINESS BROKERS of ORANGE COAST at 714-619-9310 ext. 252. Fax: 949-861-6498. Email: firstname.lastname@example.org
Seller Reference #ORCSTCA001-N1974
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