A Turn-Key Fantastic Sams Hair Salon in LA County

A turn-key Fantastic Sams Cut and Color located in a prime location, including the required corporate upgrades, is available for sale. The business is located in a bustling shopping center with multiple anchor businesses and many other activity centers and restaurants nearby. The hair salon has been at this location for 30 years while the current owner has been operating it for the last 14 years. The owner is planning to retire. The facility is about 1000 SF at $5,979 monthly lease and $590 monthly CAM. There is one 5-year option remaining that will start in the middle of 2022. The business always generated revenue during 2020. It has been recovering toward the pre-Covid revenue of about $5,000 per week. Average weekly revenue in 2021 has been around $2,897 making the business slightly profitable YTD. Third party financing options available for qualified buyers. The following is a description of the Furniture, Fixture, Equipment, and personnel • 2 FT (including the owner) and 3 PT hair stylists – all W2 • 9 chairs • 3 shampoo chairs • A full-color bar • Fantastic Sams code wall paint • Products display shelves • An employee rest area • Washer/Dryer • A washroom • A storage room Please reach out to Matt Manavi at mmanavi@tworld.com or call at 714-923-1222 to discuss if this is the right business for you. Location: Los Angeles, California Year Established: 1991 Number of Employees: 5 Franchise: Yes