7 Chair Santa Monica Aveda Hair Salon – 32 Year Site History!

salon-picture
Asking Price:$100,000 Gross Income:$250,000 Cash Flow:$50,000
EBITDA: FF&E:$70,000 Inventory:
Real Estate: Established:1984 Employees:

Business Description

This turnkey hair salon runs on a 50/50 commission model, average price point per ticket typically is $90-$100. They run the gamut of services, Brazilian blowouts, has some retail sales as an Aveda Exclusive Location. Seller runs runs everything off of Salon Pro. Has appointment scheduling, texting, email reminders, etc...Higher percentage of repeats v. new business, so there's significant goodwill the Buyer is purchasing into. Seller spent $70,000.00 in improvements in 2004, everything is still in great shape, just had a paint job inside 2 years ago. Buyer is securing a salon that is fairly priced and the rent is well below market for the highly sought after commercial zone this salon sits in! NDA is required to do a drive by as a customer only. CONFIDENTIAL SALE - DO NOT TALK TO STYLISTS!!

Additional Features

Detailed Information

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: 7 chairs, can hold more easily. All commissionable chairs, 2 of them are occupied, plus the Owner.

Competition: This salon’s location is a premium and is absolutely turnkey.

Growth & Expansion: 4 chairs are “rentable’ on a commission basis, so significant upside exists for someone with stronger business acumen.

Support & Training: As needed. Seller seeking to stay on board as a commission driven contractor.

Reason for Selling: Offload management responsibilities.

Real Estate: Leased

Building Sq. Ft.: 1,400

Lease Expiration: 3/31/2019

 

Ace Business Brokers NDA & Buyer Profile

 

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