Popular Franchise Hair Salon - est. 7 years

Los Angeles County, CA

Popular Franchise Hair Salon - est. 7 years
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Asking Price: $69,000

Cash Flow: $31,207

Gross Revenue: $168,135

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,235.20 /Month

Established: 2010

Popular Franchise Hair Salon - est. 7 years

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Business Description

This well-established franchise is in a popular, high traffic neighborhood shopping center featuring many national names: Rubio’s, Corner Bakery, Pick Up Stix, Cold Stone and more. This consistent traffic and exposure, right in the middle of a high-density residential community, makes the store a well-located, convenient choice to style hair at a fair price.

The store is turnkey with all decor and equipment in excellent condition, modern and well-maintained.  Operations are straightforward, and the owner's involvement is extremely minimal.  She spends only a few hours per month ordering supplies and processing payroll. The store is managed by a manager/stylist who handles daily operations.

The owner has a full-time job and this is a side business. Despite this, sales have increased by 41% over the last 5 years with zero marketing!  Imagine what an energetic hands-on owner who executes a solid marketing effort could do with this location.  

The family is relocating for work, and therefore it's time to sell. This franchise has been ranked in the top 45 of all franchises four years running, and has been ranked the #1 hair care franchise by Entrepreneur Magazine in their Annual Franchise 500.  It is a well-known, high goodwill brand, and the franchisor provides all the required training and systems to help ensure your success. Low risk easy to run businesses are in high demand, so don't wait; contact your agent today.

For information click on the business website

Detailed Information

Location:
Los Angeles County, CA
Real Estate:
Leased
Building SF:
1,016
Lease Expiration:
4/1/2021
Employees:
7
Reason for Selling:
Relocating to the East Coast.
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Nour Mattar

Business Listed By:
Nour Mattar

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Sponsoring Broker:
Sean Edelstein

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