Business For Sale Listing 132956
Hair Salon in Eastern LA County
Status as of Nov-21-2008 at 06:03 PM: Sold!
Business Summary
This San Gabriel Valley hair salon is located in a very nice area with a Starbucks and other complimentary businesses. It is tastefully decorated and expanded to house eight chairs. There is room to add more chairs and incentives to entice more product sales to increase revenues. The employees are independent contractors and the Seller's daughter is the acting store manager. She manages the business in lieu of paying a chair fee and would like to stay with the business after the sale. An Owner/Operator could charge that additional station fee and add those dollars to the bottom line without increasing costs.
General Information
Facilities: This is an eight Station tastefully decorated salon in a great area of the San Gabriel Valley. Plenty of free parking, complimentary businesses in the area, and convenient freeway access make this a great place for a salon!
Competition: This business has a catchy name and has easy access to the freeway on/off ramps. This makes access to neighboring cities a possibility.
Growth and Expansion: Other businesses in the area offer a nice compliment to this business and will attract the right client base. Approaching the other vendors for co-op advertising and lead sharing could help bring more clients to the business and increase the value of each chair rental. Retail has been ignored and could quickly add revenue dollars to the bottom line.
Support/Training: Seller lives in the high-desert, but will train the new buyer on operations.
Reason Selling: Seller moved closer to family - still in So Cal
Year Established: 2000
Employees: 8 Independant
Categories
| Industry: |
|
| Location: |
|
| Other: |
|
Industry
Location
Financials
| Sales: |
Under $100 Thousand ($69,540) |
| Profits: |
Under $100 Thousand ($21,848) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Less than $100 Thousand ($50,000) |
