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Profitable Franchise Blow Dry Bar in Southern California

Listing Number: 76931-985825

Description

This blow dry bar business is one the top salon franchises available in the country, and it is a brand that is growing exponentially with locations all across the country and in Canada. The brand coined the term “blow dry bar,” which is a salon concept that offers no cuts or color but provides gorgeous blow outs, custom styling, updos, bridal styling, makeup services and even hair extensions. The stylists are paid hourly vs. a commission-based system, and at a successful location, licensed stylists can make up to $28-30+ an hour. With some owner involvement, there is no need for full-time management, but the business does benefit and grow with a qualified front desk receptionist/supervisor. Any stylists who are promoted to supervisory positions can continue to generate revenue. Total revenue in 2021 was $378,540, and any new owner will have a wonderfully solid foundation for growing this already successful location. The seller’s discretionary earnings (SDE) for this location was $68,054 in 2021.
At a $95,000 price tag, any buyer could get this stunning business in its perfect location for approximately ¼ of what it costs to open a brand-new franchise of this blow dry bar and less than a 1.5X multiple of SDE. The only reason the seller is listing it at this price is because she travels to and from Arizona to operate the business. She’s ready to be in one place! The business is situated in a busy, high-end strip in a premium San Diego area location, and any potential buyer could invest in marketing and hiring to see the double depending on how many stylists and makeup artists are hired and also by including additional services like hair extensions. A salon this size in the franchise can easily generate a higher annual sales number. The salon was built out in 2015, and all furniture, fixtures and equipment are in excellent condition, and the custom millwork alone is worth well over $60,000.

Listing Details

  • Price: $ 95,000
  • Down Payment: $95,000
  • Sellers Discretionary Earnings: $ 68,054
  • Total Sales: $ 378,540
  • Location: San Diego County, California

  • Inventory: $ 4,000
  • FF&E: $ 75,000
  • Employees: 7
  • Year Established: 2015
  • Reason for Selling: Other Opportunites
  • Category: Beauty/Personal Care
Profitable Franchise Blow Dry Bar in Southern California

Business Listed By:

Katie Holditch
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