Unique Franchise Hair Salon - All offers will be considered

El Toro, CA (Orange County)

Unique Franchise Hair Salon - All offers will be considered
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Asking Price: $35,000

Cash Flow: N/A

Gross Revenue: $119,805

EBITDA: N/A

FF&E: $25,000

Inventory: $15,000

Rent: $4,693.71 /Month

Established: 2017

Unique Franchise Hair Salon - All offers will be considered

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Business Description

This is a fantastic opportunity to step into a great hair care franchise concept for fraction of the cost of a new buildout! It offers a memorable experience for children and parents to enjoy what normally is frequently a dull, highly resistant, and sometimes painful experience; this concept, the entire experience is designed around children.

The location is in a first class center: modern, well maintained, on one of the busiest streets in OC, with great sign visibility and exposure to 70K+ cars every day. All the prime national tenants are here, including many well-known food franchises; this generates outstanding foot traffic for these service business. The buildout is fun, joyful atmosphere, with built-in entertainment for the kids and a large retail section of toys, hair products, and accessories.

The Seller has a demanding profession, and purchased this business with the intent to be 100% absentee. However, it's very challenging to grow a business (let alone expand into the rest of OC) when you live 50+ miles away, have little time, and haven't even visited the store in 6 months. This Seller has already done all the difficult, expensive work: picked a location, invested $300k in the buildout, marketed through the first year (business is up 120+% over 2017), and established a customer base. Now, it's about excellent operations and growing the revenue: market and grow, market again and grow some more.

A new owner dedicated to operating and growing the business can come in for a fraction of the cost, invest the time and effort, and turn this business into a money-maker. The expansion rights for Orange County are included with purchase, so you have the exclusive right to open additional location!  Contact the Agent with specific questions.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,302
Lease Expiration:
10/31/2022
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Seller spent $275,000 on a top notch build-out. Greta location on one of the busiest streets in orange county.
Reason for Selling:
Unsuccessfully absenteeing an OC business from LA.
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Nour Mattar

Business Listed By:
Nour Mattar

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Sponsoring Broker:
Sean Edelstein

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