Award Winning Blow Bar at Prime Location with Near 10,000 Clients

San Francisco, CA (San Francisco County) (Relocatable)

Seller Financing Available
Award Winning Blow Bar at Prime Location with Near 10,000 Clients
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Asking Price: $125,000

Cash Flow: $100,203

Gross Revenue: $193,321

EBITDA: N/A

FF&E: $33,550

Inventory: $3,000

Rent: $3,632 per Month

Established: 2013

Award Winning Blow Bar at Prime Location with Near 10,000 Clients

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Business Description

Award winning blow and beauty bar at a prime location in San Francisco city. It has experienced stylists to provide services in blowout, makeup, hair color and treatments, all with complimentary drinks and music mixture.

In addition, the blow bar sells next generation hair and body care products, some of which are 100% vegan, sulfate free, gluten free and more, both in store and online.

The business promotes itself through excellent online presence, such as Instagram, Google and Yelp. Average around 4.5 star reviews on Google and Yelp with beautiful demo pictures. The business has received awards due to its outstanding services.

The business is located in the central district in the middle of all the hotels, serving many women travelling to SF for weddings and events. After serving near 10,000 customers, this business started to gain reputation nationwide.

This asset sale will only include the business assets and tradename of this particular San Francisco location. Negotiations are open if Buyer decides to expand to more locations under the tradename. Existing social media accounts belonging to this location are included in the purchase price.

Employees: Pre-Covid, 2-3 independent contractors; post-Covid, currently one independent contractor plus owner.

Financials are based on 2017, 2018, 2019 performance. 2020 was an abnormal year.

Sales bullets:
Recurring revenue.
Multiple revenue sources (both service and products; offline and online).
Prime location.
Low overhead.
Established brand and reputation.

Photographs are included in the Confidential Information Memorandum. Price can be discussed.

Detailed Information

Location:
San Francisco, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
500
Lease Expiration:
7/18/2023
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Rent $3,632/month. All utilities are included in the rent. The space is less than 500 sq.ft. in size, but visually it looks large. It has 3 stations. Buyer may choose to relocate within San Francisco if he/she wishes.
Competition:
Some, but the location of this one is good on a busy major street, close to hotels, department stores, major transportations, supermarkets, office buildings, and other places of interest.
Growth & Expansion:
Buyer with branding experience could grow customer base with targeted social media, invest in retail inventory, neighborhood advertising and support of community events.
Support & Training:
4 weeks at 20 hours per week.
Reason for Selling:
Relocation out of state.
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Tina Zeng, MBA

Business Listed By:
Tina Zeng

KW Commercial

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The California Association of Business Brokers (CABB).

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