South California Beauty Supply & Salon Business For Sale

Business description

This beauty supply & salon store is part of close to 30 units operation in different cities of California & under the same ownership which has started his first store about 20 years ago. All the stores are absentee run operations and owner intends to sell different units. The owner believes owner operator could run the business much more efficiently & effectively with better profit. All the stores are located in prime locations and very nicely designed & decorated.

This particular unit is in Upland & has 4 hair stations, which 3 are rented on the flat monthly rental basis, & one rented on the commission basis, 3 shampoo stations, & one facial room which is rented flat monthly rental basis as well. The total rental fee collected by this unit approximately is about $2,000 a month & the total annual sales is $144,000 which $120,000 comes from selling the products and $24,000 comes from the services.

This is a very good opportunity for those who want to start beauty supply & salon business of their own but lack of big investment 0r financing prevent them, since the seller is willing to finance the inventory part of the business to all qualified buyers.

Annual Revenue: $144,000
FF&E: $22,000 (Included in the price)
Inventory: $45,000 (NOT Included in the price) - (seller will finance)
Seller’s Discretionary Cash Flow: $36,000
Asking Price: $12,000

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.

Property information

Location:

1,700 sq.ft. rent $8,600. lease expires 2013 - 2-5 year options available. ample parking.

Size in square feet:

1,700

Other information

Reasons for selling:

other ventures.

Financing available:

seller will finance inventory.

Furniture / Fixtures value:

$22,000 (included in the asking price)