High-End Booth Rental Salon with $90k Passive Profits

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Listing No.: 106-14974
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Category: Salon
Asking Price | $290,000 |
Down Payment | $ |
Gross Revenue | $342,374 |
Total Adjusted Net Income | $96,254 |
Equipment/Fixtures | $16,832 |
Year Established | 1994 |
General Location | North County Coastal San Diego |
Established in 1994, this full-service high-end salon has served their community for over 20 years. The business has maintained an incredible sales trend with over $225,000 in booth rental income and nearly $100,000 in product sales. Over the previous three years the business has generated over $90,000 in passive profits. The 2,400 sqft space is designed flawlessly with a sleek and modern build-out. The space is complete with 13 Stylist Stations, 4 Manicure Stations, and 3 Aesthetician Rooms where stylists provide a full menu of services including: Hair, Nail, Wax, Skincare, Makeup, and Lash Extensions. Buyer is only required to provide operational management, no stylist experience necessary. Contact Mark Flores, 760-809-1540, to receive NDA for location and financial details.
Gross Revenue | $342,374 | Listed Price | $290,000 |
Total Income | $96,254 | Down Payment | $ |
Base Rent | $ | Square Feet | 2,400 ft2 |
Total Rent | $8,703 | Lease Description | |
Rent Deposit | $ | Lease Options |
Inventory | $12,093 | Leashold Improvements | $ |
Equipment/Fixtures | $16,832 | Other Assets |
Full-Time Employees | 1 | Training Period | 2 Weeks |
Part-Time Employees | 1 | Special License Required | |
Contract Staff | 0 | Reason for Selling |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
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