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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   California Businesses For Sale Categories   >>   

Fantastic Sams Franchise

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $186000
Net Profit / Cash Flow  $40000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1978
Number of Employees  6 - 9
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Excellent.
Reason for Sale  New ventures.
Description  Fantastic Sams located at premier busy location. The shop can be fully staffed with 8 stylists (6 Stylists presently) and it generates around $186K per year in revenue. Salon is well-runned. Owner is currently absentee, so an owner operator who cuts hair can see additional economic benefit. Shop has 1,450 SF of space, 9 chairs, and currently 6 employees. Rent is $2,950/Mo. Lease 2009 with 5-year option or new lease option. Rev is $186K/year but once fully staffed the shop can add additional stylist and more revenue. Cash flow with absentee owner is currenlty breakeven, while Cash Flow can be $40,000 for an owner stylists/ operator. Asking price is $99K. Contact Vasilis Georgiou for NDA and more information on this Fantastic Sams franchise for sale.
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