Well Established Salon and Spa with Great Cash Flow and Reviews

Long Beach, CA

Seller Financing Available

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Asking Price:$400,000
Gross Revenue:$337,818
FF&E:$10,000
Cash Flow:$182,231
Rent:$9,369.77/Month
Established Year:2010
BUSINESS DESCRIPTION

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.

For more information please contact the listing agent, Greg Moses, by emailing gmoses@tworld.com or by calling 714-462-4684. All buyers are required to sign an NDA and fully complete a Buyer Profile before any confidential information will be shared.


DETAILED INFORMATION
Location
Long Beach, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
01/09/2026
Employees
24
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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 FF&E Overview: Typical Salon Chairs, dressers, tools, equipment FF&E General Condition: Good
Competition
Other Salons. This business has a track record and reviews that can't be beat.
Growth & Expansion
Expand to a 3rd location and begin selling products along with services provided.
Financing
Owner Terms:$80,000.00 Interest:10% Term Months:36 Monthly Payment:$2,581.37
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Retirement
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Greg
Moses
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Greg Moses