Business For Sale Listing 144742
Net $90K-Fantastic Sams in LA
Status as of Nov-21-2008 at 06:01 PM: Off The Market
Business Summary
Nationally recognized model Fantastic Sams located at premier busy location. The shop can be fully staffed with 8 stylists (6 Stylists presently) and it generates around $280K per year in revenue. Salon is profitable and well-runned.
Owner is currently absentee, so an owner operator who cuts hair can see additional economic benefit. State of the art software (internet capable).
Shop has 1,450 SF of space, 8 chairs, and currently 6 employees. Rent is $5,340/Mo. Lease 2011 with 5-year option. Rev is $300K/year but once fully staffed the shop can add additional stylist and more revenue. Cash flow with absentee owner is $60K, while Cash Flow can be $90,000 for an owner stylists/ operator.
Asking price is $230K.
Categories
| Industry: |
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| Location: |
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| Other: |
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Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand (300,000) |
| Profits: |
Under $100 Thousand (90,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (230,000) |
