Profitable Beauty Salon, Absentee Run, Location/Growth Potential

San Diego County, CA

Seller Financing Available
Profitable Beauty Salon, Absentee Run, Location/Growth Potential
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Asking Price: $145,000

Cash Flow: $61,217

Gross Revenue: $389,614

EBITDA: N/A

FF&E: $30,000

Inventory: $10,000

Rent: $7,200 /Month

Established: N/A

Profitable Beauty Salon, Absentee Run, Location/Growth Potential

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Business Description

Well appointed and poised to expand current service offerings for easy business

Incredible brand, this four year young resale franchise opportunity is strikingly beautiful from the moment you see the sign from the street. Services include hair, nails, makeup and wax. It does well with working women and others, from executives, lawyers, assistants and other professionals—to stay at home moms, students, millennials, virtually anyone who wants to look their best. This profitable, turn-key salon is located in a fantastic central San Diego high density area. It is accessible by car, trolley or foot.

Proven, celebrity endorsed business model with invaluable systems all in place to foster success and opportunities for growth. The current owner is absentee and enjoys passive income while living out of state. The salon is currently operated daily by trained and qualified staff. There are currently thirteen total personnel. Alternatively, a new owner could choose to be hands-on as an on-site manager/stylist and enjoy a higher owner benefit.

This is a well priced offering that presents a fantastic and rare chance to become a successful beauty industry entrepreneur. Motivated seller, willing to assist a qualified buyer with advantageous financing.

While the beauty industry is highly competitive, this brand differentiates itself by focusing on specific niche services and keeps up with latest style trends. Additional revenue streams are available through a range of other offered beauty services and carefully selected retail products. The brand also enjoys celebrity endorsements and benefits from a business model and support structure that is proven to drive success.

Since this is a resale franchise offering, there is already an established client base of repetitive customers in place. In addition, the high density location caters to local residents as well as tourists and business travelers who consistently demand and seek out the offered services.

The growth opportunities abound in this particular salon. For example, it already has the space and equipment set up for pedicures, manicures, lashes, and waxing. However, the salon is mostly selling hair services and has done really well just on that basis. It has not been focused on marketing of these additional complementary services. Any additional advertising a new owner would choose to do for such offerings will be a growth driver of future revenue and income. In addition, a new owner could add more retail product line offerings, which is a major contributor to bottom line results for any business.

Some seller financing may be made available to qualified buyers.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,499
Lease Expiration:
N/A
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a well known and sought after franchise brand. This resale location is one of 130 locations (and growing) across the country. It has been established and profitable for four years in San Diego. The current owner has only owned for one year and needs to sell due to a relocation out of state. Some seller financing financing may be made available to qualified buyers.
Competition:
While the beauty industry is highly competitive, this brand differentiates itself by focusing on specific niche services and keeps up with latest style trends. Additional revenue streams are available through a range of other offered beauty services and carefully selected retail products. The brand also enjoys celebrity endorsements and benefits from a business model and support structure that is proven to drive success. Since this is a resale franchise offering, there is already an established client base of repetitive customers in place. In addition, the high density location caters to local residents as well as tourists and business travelers who consistently demand and seek out the offered services.
Growth & Expansion:
The growth opportunities abound in this particular salon. For example, it already has the space and equipment set up for pedicures, manicures, lashes, and waxing. However, the salon is mostly selling hair services and has done really well just on that basis. It has not been focused on marketing of these additional complementary services. Any additional advertising a new owner would choose to do for such offerings will be a growth driver of future revenue and income. In addition, a new owner could add more retail product line offerings, which is a major contributor to bottom line results for any business. The business has been rapidly growing and in 2018 the franchisor celebrated exceeding 100 franchise locations. That's 120% growth since 2016. This is an incredible, low-cost franchise opportunity that delivers a simple business model, intensive training programs, and ongoing support from the head-office team. No hair or beauty experience is needed to become a owner of this business. These concepts have poised the business more than ever for strong growth ahead.
Financing:
45000.00
Support & Training:
2 weeks
Reason for Selling:
owner lives out of state
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Robert Cunio

Business Listed By:
Robert Cunio

Transworld Business Advisors San Diego Central

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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