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
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.
