Simi Valley Hair Salon 10 Stations

Asking Price:$44,000 Gross Income:$100,800 Cash Flow:$60,000
EBITDA:N/A FF&E:$65,000 Inventory:N/A
Real Estate:N/A Established:1994 Employees:8

Business Description

Off Market

Pristine 80% rented 10 chair salon, ideal owner-opeator opportunity with an existing book of business to maximize profits and achieve same Adjusted Net Income of $60,000.00 as the present stylist Seller. Does not pencil out as a full absentee-owned or investor-managed type entrepreneurial pursuit. Or if one were to pursue it this way, it would take a fair bit of time to secure your cash down payment back over time. 10 chairs, 5 shampoo bowls, mixing room, massage room, manicurist station, full turnkey buildout which the Seller spent $65k in tenant improvements, including two brand new A/C units!

Additional Features

Real Estate: Leased

Building Sq. Ft.: 2,000

Lease Expiration: N/A

Employees: 8

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

Facilities: 2,000 square foot salon, plenty of parking, built at a cost of $65k!

Competition: Hair is fickle, but this place is turnkey and shows phenomenally.

Growth & Expansion:2 Chairs are unrented as of August 2016, so expansion potential exists.

Support & Training: As needed.

Reason for Selling: Focus on clients only.


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