This is a great opportunity to own a national franchise hair care in a great shopping center in an affluent Orange County community with low rent.
100%Absentee run national franchised hair care salon which is fully staffed with stable employees & manager in place. This is a full service salon with great brand appeal caters to men, women and children. They do cuts, color, highlights, blow-dry and perm to service all.
An owner operator or even owner presence could boost the sale & profitability much higher than what currently it is. New owner can easily double the profits without zero knowledge in the hair industry& no experience is necessary.
The business has 4 stars Yelp rating & has 25,000 customers in data base. Social media advertising could boost sales by about 15-25% annually. Heating & Air Conditioning unit (worth $6800) & washer & dryer are less than one year old.
According to the owner the business is SBA approved & has a great ROI with enhanced marketing and advertising efforts. The buildup cost for a new store of this franchise runs around $150,000 to $250,000.
Owner's family is relocating to East Coast & she is motivated to sell.
Annual Revenue: $215,000
FF&E (Included in the price): $50,000
Seller's Discretionary Cash Flow: $41,000
Asking Price: $99,000
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-N1978
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