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Wig And Hair Extension Boutique
Location California,United States
Asking Price Range < $250K
Gross Revenues $176000
Net Profit / Cash Flow $45000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 1 - 3
Inventory 15000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Relocating.
Description We have a family run Wig and Hair Extensions store for sale, located in Murrieta for over 4-years. This store carries the Largest Selection of Wigs and Hair Pieces in the area. Our store is visible from the street and is located within a busy shopping center with ample parking. The owners are friendly, experienced and have well established clientele. This is a very well established business with quick access to I-15. This is a great opportunity for someone with retail and hair/beauty industry experience to come in and create the necessary changes to maintain the shop's clientele and excellent reputation. Business was established in 2004. The business is 1,200 square feet (approximately & not measured). The lease is about $3,100 per month, with 22 months remaining on the current lease. Landlord may be willing to negotiate a more favorable lease. There are 4 Hair stations and all are available for rent. There are also 2 hair washing bowls. Current hours of operation are T-F 10:00-5:30, Sat. 9:00-4:00. Price reflects current inventory costs, which is included in the sales price. Price also includes furniture, fixtures & equipment, leasehold improvements and interests, covenant not to compete, assistance with transition, trade name. With an extensive inventory of wigs and hair pieces, as well as a functional salon, a full time owner operator could realize the full potential of this operation by adding his or her own clientele. Many opportunities for growth exist. At present, the business marketing is extremely limited. Additional revenue could be generated via internet based sales and distribution channels (e.g., eBay, Shopzilla, etc.) which could capitalize on the store's location and reputation.
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