- Advert ID: 659430
Fantastic Sams Shop in LA For Sale
- Location:
-
- United States
- > Pacific
- > California
- > California - South
- > Torrance
- > Torrance
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Summary
- Asking price:
- $99,000 (Furniture / Fixtures included)
- Sales revenue:
- $186,000
- Net profit:
- $40,000
- Franchise opportunity:
- Yes
- Years established:
- 1978
- Employees:
- 6 FT
Business description
Net $40K. Fantastic Sams located at premier busy location. The shop can be fully staffed with 8 stylists (6 Stylists presently) and it generates around $186K per year in revenue. Salon is well-runned.
Owner is currently absentee, so an owner operator who cuts hair can see additional economic benefit.
Shop has 1,450 SF of space, 9 chairs, and currently 6 employees. Rent is $2,950/Mo. Lease 2009 with 5-year option or new lease option. Rev is $186K/year but once fully staffed the shop can add additional stylist and more revenue. Cash flow with absentee owner is currenlty breakeven, while Cash Flow can be $40,000 for an owner stylists/ operator.
Asking price is $99K.
Property information
- Real Estate:
- Lease
- Lease terms:
- Shop has 1,450 SF of space, 9 chairs, and currently 6 employees. Rent is $2,950/Mo. Lease 2009 with 5-year option or new lease option.
Other information
- Support & training:
- excellent
- Reasons for selling:
- new ventures
- Furniture / Fixtures value:
- $40,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- United States
- > Pacific
- > California
- > California - South
- > Torrance
- > Torrance
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