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Listed by:

Transworld Business Advisors of Longbeach Tustin

Well Established Salon & Spa In Long Beach For Sale

Long Beach, California - South, US
Asking Price:
$400,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$337,818
Cash Flow:
$182,231

Well Established Salon and Spa with Great Cash Flow and Reviews

Outstanding Hair and Beauty Salon in upscale neighborhood with steady client base and great cash flow. There are 2 locations. One smaller Salon and one larger Salon that also provides other beauty services. The salon is well established in the neighborhood and has an incredible 5/5 star rating on Yelp.

It runs like a well-oiled machine with the independent contractors providing services to their clients and the owner oversees operations. The IC's pay rent or commission which has provided the owner with a fantastic work/life balance and a high quality of life due to great profit margins and longstanding success.

She has cultivated a relaxed and fun atmosphere where all their clients have the confidence in knowing they are going to have a great experience every time they come in for their appointment.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $9,369.77

Square Units (Foot, Meter): 5,000

Lease Expiration Date: September 1, 2026, 12:00:00 AM

Location:

Facilities: 2 Locations. 1 larger freestanding building with private parking. Other smaller salon is attached to a combination of retail/office buildings. Large Salon rent- $7440.33
Small Salon Rent $1956.44

Premises Details:

FF&E Overview: Typical Salon Chairs, dressers, tools, equipment

FF&E General Condition: Good

Business Operation

Expansion Potential:

Expand to a 3rd location and begin selling products along with services provided.

Competition / Market:

Other Salons. This business has a track record and reviews that can't be beat.

Reasons for selling:

Retirement

Trading hours:

7am-7pm

Employees:
24
Years established:
2010

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 2

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Terms:$80,000.00 Interest:10% Term Months:36 Monthly Payment:$2,581.37

Furniture / Fixtures value:
$10,000 - included in the asking price

Listed by

Transworld Business Advisors of Longbeach Tustin