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Profitable Hair Salon in South Bay

Seller: Attn: Floor agent
Location: Santa Clara County
Listing Number: "7470LL"

Asking Price: $150000.0000 USD USA Dollars
Industry: Services: Hair, Nails, Spas, Tanning
Reason for Selling: family obligation
Year Established: 1997
Number of Employees: $5
Yearly Revenue: $390474.0000
Yearly Cash Flow: $131,317
Yearly EBITDA: $NA
Yearly Gross Income: $NA

Overview:

This hair salon is well located in an attractive shopping center in an affluent West Santa Clara County community. The popular high-end grocery store next door generates heavy foot traffic to the center. Established 12 years ago, the business enjoys steady income, long-time stylists and devoted customers. The salon specializes in hair and make-up, and also makes money by selling hair-care products. The salon has clean records showing over $130,000 net income over the past three years, and first quarter 2009 receipts are on track for another solid year. The owner is a stylist and is willing to stay on under new ownership. This business would benefit from an owner-manager, ideally someone who is already a stylist. This is a rare opportunity to own an established, solidly profitable hair salon at a very reasonable price. The owner wishes to sell in order to spend more time with her family.

Additional Details: