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SALON SUITES - Profit Making (Price Reduced)

Huntington Beach, CA (Orange County)

Seller Financing Available
Prime Location in Huntington Beach_OptimaSalons.com
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Asking Price: $545,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $14,663 /Month

Established: 2018

SALON SUITES - Profit Making (Price Reduced)

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Business Description

OPTIMA SALON SUITES @ Huntington Beach

Profit making location in Huntington Beach is for sale and the seller is offering financing up to 25% of the sales price.

This is NOT a Franchise. And so there's no Franchise Fee or Royalties to be paid. A new owner has all the independence to run this business.

This location has exquisite interiors with 36 individual suites and opened for business in August 2018.

This location has very good cash flow, right from the time it opened. With a positive cash flow, this is a good opportunity to get an existing profit making business. No downtime, no ramp up time, no heavy lifting to get it profit making. All the initial marketing has been done and the business is making good money. Seller wants to focus in

PRICE REDUCED to SELL FAST - No Hassles Financing Available

The total investment for this location is estimated to be $545,000. Well qualified buyers may receive up to 25% of the purchase price; seller financing on a 7 year note at 7.5% interest.

Detailed Information

Location:
Huntington Beach, CA
Real Estate:
Leased
Building SF:
5,865
Lease Expiration:
3/31/2028
Employees:
0
Facilities:
Beautifully designed and well appointed Salon Suites with all the facilities required for a Cosmetologists, Hair Stylists, Colorists, Make-Up Artists and other professionals in the health and wellness industry.
Competition:
There are a few franchises in this industry and also individual salons. Pros: High demand, fast growing, e-commerce proof industry. Cons: Higher investment than a small salon.
Growth & Expansion:
The Salon Suites industry has been growing very fast and the demand for high quality suites is growing. Hair and beauty professionals prefer having a private suite as compared to a chair (a station) in a crowded salon. Pros : Stylists can have their own private space at a fraction of the cost of renting a retail store. Cons: Stylists need a regular customer base to afford a separate suite for their business.
Financing:
Up to $150,000 for a qualified buyer.
Support & Training:
Training will be provided for 2 weeks.
Reason for Selling:
Seller wants to focus on other business interests
Business Website:
http://OptimaSalons.com
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(from currently available funds)
 
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Mike Jani

Business Listed By:
Mike Jani

FORTUNE BUSINESS SERVICES.

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