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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