|
West Hollywood / Beverly Center Hair Salon
Location California,United States
Asking Price Range < $250K
Gross Revenues $280000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2007
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks at 20 hours/week.
Reason for Sale Personal.
Description This high end West Hollywood / Beverly Center area hair salon presents the already established or the aspiring hair salon owner-operator the ideal opportunity to walk into a well established salon in an ideal location. This salon has a formidable client base for a fraction of what it would cost to build out a new salon and generates nearly $300,000 in gross revenues. The salon, which has nearly 10 full or part time technicians on a combination of rental or commission split agreements, boasts nearly 10 stations and two shampoo bowls. Asking Price $59,000.
The 1,100 square foot facility in a high visibility location with complementary neighbors and excellent foot traffic leases for $5,000 per month on a secure lease (although a new lease at a similar rate and a term to be requested by the buyer will likely be entered into as part of the sale). The extraordinarily clean and well decorated salon boasts a spacious reception area that can be used for retail product sales, as well as offering plenty of room for its technicians. The salon also offers two storage areas, and a rest room. All of the business's furniture, fixtures, equipment, goodwill, lease rights, etc. are fully owned and will transfer in the sale.
The greater West Hollywood / Beverly Center area market is deemed to be a competitive one in the hair industry. That said, few locations can rival this one in terms of street front visibility, accessibility and overall traffic.
The salon will ideally be run by a full-time owner operator who is a hair technician or complementary service provider (esthetician, massage, body wrap technician, etc.). While the salon has its nearly 10 stations filled, there is plenty of room for growth in terms of staffing as in addition to an empty chair, the remaining stations are occupied by part time technicians (some only 1 - 2 days/week), or those working only in the mornings, etc.
Click Here To Contact Seller
|
|
