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San Diego

  • Listing No.: 106-20011

  • Category: Beauty

Asking Price $78,000
Down Payment
Gross Revenue $505,413
Total Adjusted Net Income $59,374
Equipment / Fixtures $50,000
Year Established 2015
General Location San Diego
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Upscale blow dry bar hair salon. Well-run, established ladies salon servicing a wide community demographic without any immediate competition. The salon is fully staffed with 16 part time employees and 8 hair stations. 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 products 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 including website maintenance, promotional campaigns, social media, and graphic design. Business is currently operating as a nationally recognized franchise. Buyer can continue to operate as a franchise, or convert to their own concept. The adjusted net profit is based on 2019 financials as an owner operator. Owner does not work at the business and has a full time career. Please contact Listing Agent, Steve Sharp, for more details. (619) 454-1786

Gross Revenue $505,413 Listed Price $78,000
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.