Summary
- Asking price:
-
$175,000
- Sales revenue:
- $190,700
- Net profit:
- $56,724
- Years established:
- 1985
- Employees:
- 1 ft, 3 pt
Business description
This Westside Beach Area salon has been a strong earner for years, and will continue to be for years to come. This recently renovated location offers a fantastic equipment offering, convenient parking, and hassle free access to West Los Angeles, Main Street Santa Monica, Venice Beach, Marina Del Rey and Culver City. With thousands of current and historical customers on file, coupled with an owner operator’s potential to increase sales and improve upon an already stellar customer service offering, this salon exudes growth opportunity.
Property information
- Real Estate:
- Lease
- Lease terms:
- $4,646/ month.
- Location:
- This salon is located in a quaint, nice decorated 1,500 square foot facility with rent of $4,646 per month, and both public and semi-private customer access. This sale comes with a mixture of low, medium and high pressure lay down beds, a medium pressure stand-up unit, and a spray tan booth. The goodwill and other intangible assets created over the past 20 years of this salon’s operations speak for themselves.
Other information
- Expansion potential:
- This salon still has tremendous growth potential that a new owner may experience with a few minor adjustments to staffing and marketing. Details of this salon’s potential will only be discussed with qualified buyers following the receipt of the requite NDA and Buyer Profile.
- Competition / Market:
- The West Los Angeles Beach Cities are considered to be competitive, as they are home to young, appearance conscience Los Angelino’s with high discretionary income.
- Support & training:
- 2 weeks at 20 hours/week.
- Reasons for selling:
- Personal
- Trading hours:
- M-F 8-9; Sa 9-8; Su 9-6
- Inventory / Stock value:
- $500