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San Diego County

  • Listing No.: 106-15140

  • Category: Beauty, Franchise, Service

Asking Price $150,000
Down Payment $50,000
Gross Revenue $483,693
Total Adjusted Net Income $63,180
Equipment/Fixtures $40,000
Year Established 2013
General Location San Diego County
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Upscale blow dry salon with national franchise name recognition. Well-run, established luxury salon catering to an affluent clientele. Salon services are Blow-Dry Hair Styling, Up-Do's, and Make-Up services along with retail hair care and cosmetics. No hair experience or cosmetology license is needed by buyer (unless owner will also work as a stylist). Great reputation with excellent franchise support to include promotion campaigns, social media, and graphic design. The salon is fully staffed with 2 managers and Master Stylist. The 63K adjusted net profit is based on owner operator replacing a manager's salary. The business currently earns around 30K absentee run. Owners do not work at the business and have full time careers.

Gross Revenue $483,693 Listed Price $150,000
Total Income $63,180 Down Payment $50,000
Base Rent $0 Square Feet 990
Total Rent $5,562 Lease Expiration 9/2018
Rent Deposit $4,900 Lease Options Two 5 year options
Inventory $8,000 Leasehold Improvements
Equipment/ Fixtures $40,000 Other Assets
Full-Time Employees 0 Training Period 2 weeks
Part-Time Employees 20 Special License Required Cosmetology License if Owner will be Stylist
Contract Staff 0 Reason for Selling Pursue other interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.