Hair Salon - Escondido

Escondido, CA (San Diego County)

Seller Financing Available
Hair Salon - Escondido

Asking Price:$49,000

Cash Flow:N/A

Gross Revenue:$97,197

EBITDA:N/A

FF&E:$20,000

Inventory:$5,000

Rate/Sq. Ft.:N/A

Established:1995

Hair Salon - Escondido

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Business Description

This busy street visible full-service spacious Hair Salon has been established in the area for over 20 years. Many repeat customers benefit from loyalty program and many walk-ins from the large adjacent shopping center that includes Bevmo, Staples, FedEx Kinko's and several restaurants, all located just a few minutes from the 15 freeway. The Salon has 8 Hair Stations, 4 Shampoo bowls, 3 hair dryers. All equipment is fully functional, including a fridge, washing machine and dryer in break-room. Lots of upgrades with 2 LCD wall mount TV's, window coverings, signage and security cameras. Salon shares a large parking lot with lots of free parking. Asset Sale, business has lots of potential for future owners with room to grow. Salon also carries variety of hair products for retail. This is a turnkey operation with great opportunity to any motivated hairstylist who wants to own a Salon or can be run by semi-absentee owner. Currently owned by a hairstylist that works and manages the salon. Seller is very motivated.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,300
Lease Expiration:
N/A
Employees:
2FT, 1PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 1,300 square feet and a Total Rent of $4,489. Lease ends 4/2019 with One option. Seller is active in the business with 2FT and 1PT employees. Hours of operation are 9:30-7 Tues-Sun. $5,000 in Inventory and $20,000 in FF&E included in Asking Price. $4,000 made in Leasehold Improvements. A Cosmetology License is required.
Financing:
$35,000 DP; Balance SCN for 24 months at 6% interest.
Support & Training:
1 week
Reason for Selling:
Not good at running business

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Steve Sharp

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Steve Sharp

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