Business for Sale

Blow Dry Bar Full Service Hair Salon

BizEx861-PS

Background

General Location:Torrance, CA
Category: Beauty & Barber Shops
Consumer Services (B2C)
Years in Business:1
Under Present Owner:1
Hours of Operation:Tuesday-Sunday 9-7
Owner Hours:Thursday-Saturday
Training:4 weeks @ 40 hours
Organization Type:
Lease Expiration:2021
Lease Options:Open
Building Size:900
Employees:10
Reason for Sale:Seller is retiring

Financials

Asking Price:$149,000
Down Payment:Negotiable
Gross Sales:$426,860
Discretionary Cash Flow:$132,290
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$3,000
Financing:Call

9/14-12/14 01/15-12/15
Gross Sales $ 118,906 $ 426,860
Gross Profit $ 134,746 $
Disc. Earnings $ 40,817 $ 132,290

Description

UNIQUE OPPORTUNITY TO PURCHASE A FULL SERVICE BLOW DRY BAR.

Open 6 days a week, this full service hair, nail, makeup, and eyelash extension bar came on the scene in 2014. Located adjacent to Palos Verdes, it quickly built a cult- like following comprised of blow out, make-up and nail obsessed women. Just three months after their grand opening they had 840 regular customers that could not wait to come back.

The Blodry Bar has slated itself as a pioneer in a unique salon category; they are one of the only one-stop shop salons that offer everything that a woman could possibly need all under one roof in a modern and professional upscale environment.

The owner is not a stylist, he is an entrepreneur. The ideal new owner should be able to manage the store and have good business sense.

The salon is located on a very busy street with high visibility.

For more information, please contact Beauty Salon Business Broker Pieper Stewart at 424-203-3258 or email pstewart@bizex.net. For faster response, please register at www.bizex.net


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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Pieper Stewart
Business Broker
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 136
Direct: (310) 466-4284
Lic#: 01037502