Hair Salon - Allied Gardens

San Diego, CA (San Diego County)

Seller Financing Available
Hair Salon - Allied Gardens

Asking Price:$33,000

Cash Flow:$13,943

Gross Revenue:$113,441

EBITDA:N/A

FF&E:$17,000

Inventory:N/A

Rate/Sq. Ft.:$2,212.00

Established:1954

Hair Salon - Allied Gardens

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Business Description

Hair salon located in a busy strip mall with restaurants, retail, and a day spa. This is the only salon in the immediate area for the community and provides full hair styling services. The salon has twelve stylist stations so lots of room for growth. The building has reasonable rent with great street signage, and parking. Current owner has been providing services for nearly 50 years and is ready to turn over the keys and enjoy a well-earned long vacation. The salon is known in the community as the place to go for full-service hair styling. The business has 6 part time W2 hairstylist employees with a loyal customer base and long-term clients with weekly hair appointments. The seller says that clients would not think of going anywhere else, even if there was another salon in the area.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
900
Lease Expiration:
N/A
Employees:
6 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased location of 900 sq ft with a total rent of $2,212. Seller is active in the business with 6 PT employees.
Financing:
$22,000 DP; Balance SCN for 24 months at 6% interest.
Support & Training:
2 weeks
Reason for Selling:
Retirement

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Steve Sharp

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Steve Sharp

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