Hair And Nail Spa In Irvine Southern California For Sale

Business description

Spacious and very well lit Hair salon in great location in Irvine. The shop is in the middle of business area and next to retail shopping center, close to a major free way off ramp and high rise office buildings. This location has very reasonable rent, highly secure. & not much restrictions from the property management as far as the business hours goes.

There are 10 hair stations which at this time 8 of them are rented & two other ones are used by the 2 partners who work on the part time basis & will be staying & paying rent to the new owner which makes the monthly station rental close to $5,000 a month. Currently the owner nets about $2,000 a month after paying all the business expenses such as rent & utilities, & make extra $3,000 a month as a stylist. There are also 3 shampoo stations, collar room and laundry room on the premises as well.

The owner states that there is no restriction by the landlord as what other complementary businesses such as beauty supply, skin care, waxing, or even clothing line could be added up to this business to turn it to a full service salon.

The owner and stylists entertain long term transition period and willing to stay with the new owner based on mutual agreement.

Annual Revenue: $135,000
FF&E (Included in the price): $30,000
Inventory (Included in the price) $None
Seller’s Discretionary Cash Flow: $60,000
Asking Price: $85,000

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,
SUNBELT BUSINESS BROKERS of ORANGE COAST at ------------.
fax: ------------. email: -----@-------------.---

For a complete listing of our currently available business opportunities go to: ---.-------------.---

Property information

Real Estate:

Lease

Premises details:

1100 sq ft, $1832.00

Other information

Reasons for selling:

other ventures.

Financing available:

Downpayment Required: $0

Furniture / Fixtures value:

$30,000 (included in the asking price)