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Featured Listing
Yogurt Shop, Hwy 101, Only $49k, DM/Solana Beach
Highyway 101, 2 blocks from Ocean
Listing Price: $49,500
Total Sales: $150,000
Cash Flow: $0
Yogurt Shop, Hwy 101, Del Mar area, new location
view details>Fantastic Sam's Hair Salon-Reduction only 52,000
Health and Personal Care Stores
Overview
| Status | Active |
|---|---|
| Listing ID | 69625 |
| Listed Price | $52,000 |
| Down Payment | $52,000 |
| SDE | $22,000 |
| Total Sales | $280,000 |
| FF&E † | $34,000 |
| Real Estate ‡ | Call |
| Inventory ‡ | $6,000 |
Reason For Sale
Owner is absentee and no longer can devote the time to the business
Training & Support
Franchisor training and also seller assistance
† Included in price
‡ Not included in price
Contact Information
Hal Janke, CBI, AMAA
President
| Office: | |
| Cell: | 760 612-7018 |
| Fax: | |
| Email: | info@omegabusinessadvisors.com |
Operations
| Year Established | 1,990 |
|---|---|
| Last Acquisition | 2,006 |
| Absentee Owner | Yes |
| Franchise | Go to Fantastic Sam's on the web site very impressive |
| % of Business Online | NA |
| Days & Hours | M-F, 9-8, Sat, 9-6, Sunday 10-5 |
| Number of Employees | 6 pt | ft |
Location
Well known shopping center in San Diego| Type of Location | Stand-alone |
|---|---|
| Square Footage | 1,200 |
| Lease Expires | 03.16.16 |
| Options | included |
| Relocatable | No |
Executive Summary
Business Description
Fantastic Sams is one of the world s largest full-service hair care franchises, with salons located throughout North America. But our story begins in July of 1974, when Sam Ross opened our first salon in Memphis, Tennessee. He began franchising in 1976, and today we have over 1350 salons. Over the years, our salons have earned a reputation for providing quality hair care services for the entire family. Quite simply, our goal is to provide our guests with unexpected quality, service, and style, at a fantastic price. Our goal is to make each customer look and feel fantastic. We offer lots of services, like haircuts and styles, up-dos, straightening, coloring, highlights, and texturizing. We also offer beard and mustache trims, facial waxing, as well as rejuvenating hair treatments for stressed or damaged hair. Our stylists are professionals who are always up-to-date on the latest styles and trends. Well known franchise with over 25 franchises in San Diego. This business shows extremely well with the renovation just two years ago. This franchise if new would coast over $120,000. All modern look makes this a real attractive opportunity. All stylists are on a commission 40%, there are no booth rentals, this is very good. The mgr. is on a 45% commission. Royalty and ad fees are $650 per week no percentage on sales. Located in a strong demographic area of San Diego. Fully computerized with the latest in database. Per the Seller there are easily 20000 clients in the database.
Historical Summary
Established for 20 years in the same shopping center, the business was nelwy renovated just two years ago for $40,000 per the seller
Owner Qualifications
Suggest Buyer be active in the business with a hair license. An active owner would show higher profits.Need apporval by the frnachisor, This is relatively easy to qualify and to be approved by the landlord.
Competition
Some
Potential for Growth
Good with an active owner and some Networking and PR work
Facilities & Locations
Surrounded by retail stores and lots of homes and apts
