Loading Contents...

San Diego

  • Listing No.: 106-20011

  • Category: Beauty

Asking Price $120,000
Down Payment
Gross Revenue $505,413
Total Adjusted Net Income $59,374
Equipment / Fixtures $50,000
Year Established 2015
General Location San Diego
Print This Listing

Upscale blow dry salon with national franchise name recognition. Well-run, established ladies salon servicing a wide community demographic without any immediate competition. Business has freeway sign exposure, easy access and parking. 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 owner unless owner will also work as a stylist. Great reputation with excellent franchise support to include maintaining website, promotion campaigns, social media, and graphic design. The salon is fully staffed with 16 part time employees and 8 hair stations. The 59K adjusted net profit is based on an owner operator. The business currently earns around 30K absentee run. Owner does not work at the business and has a full time career. Daughter was paid over $30,000 to run the business but is no longer working at the salon after having a baby. For more information contact FCBB agent Steve Sharp 619 454 1786.

Gross Revenue $505,413 Listed Price $120,000
Total Income $59,374 Down Payment
Base Rent $2,765 Square Feet 1440
Total Rent $3,526 Lease Expiration 12/2020
Rent Deposit $2,976 Lease Options 1, 5 year option
Inventory $3,000 Leasehold Improvements $14,500
Equipment / Fixtures $50,000 Other Assets
Full-Time Employees Training Period 2 Weeks
Part-Time Employees 16 Special License Required Cosmetology establishment license
Contract Staff Reason for Selling Daughter was running business had baby. Owner has full time career.

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.