Profitable High-End Hair San Luis Obispo County

San Luis Obispo County, CA

Seller Financing Available
Profitable High-End Hair San Luis Obispo County
Contact Seller

Asking Price: $450,000

Cash Flow: $201,370

Gross Revenue: $1,345,410

EBITDA: N/A

FF&E: N/A

Inventory: $30,000

Rent: $6,231.25 /Month

Established: 2004

Profitable High-End Hair San Luis Obispo County

Save Print Share Valuation Report

Business Description

Profitable High-End Hair San Luis Obispo County

Highly profitable, high volume, award winning luxury salon and spa located in San Luis Obispo County. Located in a prime location, this beautiful space his highly improved with state-of-the-art equipment. Services include hair styling, color, cut, hair extensions, facials, makeup, and waxing. There is also retail stock of exclusive name brand hair, skin and makeup product lines. The business has an impressive customer list and strong following. The salon is recognized as one of the top salons/spas in the area. Several growth opportunities exist that seller is willing to discuss. Business has excellent books and records and 2019 YTD revenue is trending upwards. Management in place. Excellent lease in place which expires August 20124 with (1) 5- year option at $5,800/mo. plus NNN.

Priced to sell! Purchase price includes approximately $30K +/- of active retail inventory at cost, all furniture, fixtures and equipment and over $200,000 of high-end improvements. SBA finance is available for qualified buyer and seller may consider seller finance with a significant down payment for a qualified buyer. This is an excellent opportunity to purchase a highly respected, established premier luxury salon/spa with hundreds of thousands of dollars in improvements and multiple opportunities to expand the business.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or email broker at info@certifiedbizbroker.com to receive a confidentiality agreement and learn more about this opportunity.

Detailed Information

Location:
San Luis Obispo County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
8/31/2024
Employees:
30
Facilities:
Located on a busy street next door to newly opened hotel State of the art salon featuring hair styling stations, facial rooms, makeup stations and retail product display and jewelry area.
Competition:
There are several competitors in the area. However, the salon remains by far the busiest in the area.
Growth & Expansion:
Offer Lash Extensions with addition of Lash technician More frequent email and Google marketing campaigns
Financing:
Seller will consider seller finance for a qualified buyer with good credit and a sign
Support & Training:
Seller will provide training at no cost to qualified buyer.
Reason for Selling:
Owner moving out of state
Contact Seller

Contact the Seller

Contact Seller Loading

Michael Cole

Business Listed By:
Michael Cole

M&A Business Advisors

Show Phone Number

View My Listings


Sponsoring Broker:
Matt Coletta, CBB, CBI, M&AMI

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1692453 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


30 Minute Hit

Franchise Opportunity
Cash Required: $40,000