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Businesses for Sale: Listing Details

 
GROWING, ESTABLISHED GROWING HAIR SALON
Seller: Not Available
Location: Torrance, CA, USA
Listing Number: 670518435


Asking Price: $140,000 USD USA Dollars
Industry: Services: Hair, Nails, Spas, Tanning
Reason for Selling: returning to previous careers
Year Established: 1980
Number of Employees: 8
Yearly Revenue: $185,000

Overview:
This is The opportunity for someone who is ready to build on upward momentum. We’re a growing and established hair salon well-located on a major street near a large shopping mall in Torrance, CA. We doubled our sales after the last owner let this business decline for neglect, since taking over by remodeling, upgrading both staff and service, and weeding out discount-only and problem customers. And yet, nearby salons in our chain are doing double and triple the sales we’ve achieved so far. We’re now staffed with proven stylists who average 15-20 years experience and we now have a stable customer base. Our salon is part of a top-ranked national franchise network that provides all the management and stylist training, marketing support, and other help that you’ll need. We’re enticed back to our old careers by incredible opportunities, so we’re ready to sell this business now that it’s turned the corner.

Property Features and Assets:
This salon is leased in a popular strip mall on one of Torrance’s major streets, backed by upper-middle-class houses. We recently remodeled and our nine stylist's stations and ample floor space provide an inviting environment for pampering our guests. This sale includes all assets: stations, fixtures, retail shelves, computer, washer/dryer, sound system, decorations, inventory, and supplies – everything for a turn-key success.

Market Competition and Expansion:
Nearby competition includes two independent ethnic salons that do not encroach in our market. Other chain salons are far enough away to give us comfortable space. Expansion of this business is likely by continuing to market and maintain the quality of staff we now have.

Additional Details:

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