Westside Spa, Wax, Hair & Beauty Salon Powerhouse
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $400000
Net Profit / Cash Flow $125000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1972
Number of Employees 4 - 5
Inventory 15000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Seller will train
Reason for Sale Semi-Retirement
Description Very Profitable! Low Rent! Multiple Revenue Streams!.Hair Styling, Waxing, Facials and threading.
This salon has been at its most desirable westside Los Angeles location for 40+ years and under present ownership for 32 years. Featured in ''Mirabella'' magazine as one of the best waxing salons in Los Angeles, they have even developed a proprietary 100% CHEMICAL FREE wax for their spa.
Their five stylists enjoy an average tenure of seven years, each with a large following of repeat customers. This salon whose owner is a Vidal Sassoon academy graduate, is famous in its own community but also has developed an extensive customer base throughout the Los Angeles area because of its talented hair stylists and its 100% natural waxing process. The present owner is prepared to remain after the sale in a stylist role if new ownership prefers an ''absentee'' role.
The day spa is one of the fastest growing segments of the beauty industry according to the ''American Salon Green Book.'' The greatest growth is in the hair removal segment" (including waxing and threading,) the two specialties of this salon. This is a uniquely attractive opportunity for either a stylist owner or stylist owner.
More information about this attractive spa\salon is available to qualified interested parties that have completed the NDA\Confidentiality agreement. This can be accomplished by calling Charlie Graziani at 312-404-4771.
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