Fantastic Sams Salon For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $340000
Net Profit / Cash Flow $50000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1995
Number of Employees 10 - 19
Inventory $35,000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Excellent.
Reason for Sale New venture.
Description Well-established Fantastic Sams salon located at premier busy location. Great growth potential by increasing staff, and selling products. Currently generates $340K annually, but has potential to do over $400K.
Owner is absentee. Shop has 990 SF of space, 8 chairs, and currently 10 PT employees, including one Manager. Rent is $4,498/Mo. Lease until 2015 with extensions to be secured with no problem. Cash flow for a working owner who cuts hair is projected to reach over $100,000. Asking price is $245,000. Contact Vasilis Georgiou for more information on this Fantastic Sams Salon for sale.
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