17 Station Salon For Sale
Location:
United States
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California
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Santa Monica
Industry: Hair and Beauty > Beauty Salons and Barber Shops
Business Summary
Beautiful salon for sale. Complete buildout including 5 color stations and 12 styling stations. Does not include inventory. 4 Massage/heated shampoo stations. Porcelain tile in color area and laminated flooring in styling area. Has a separate area for manicurist and skin care room. Retail area about 150 square feet. Total salon square footage 1908 sq.ft. Valet parking available for monthly fee for tenant and parking for clients 2hour validation available to make it easy on them to do business with you. Gorgeous prestigious location on Ocean Avenue in Santa Monica. Sandwiched between 2 hotels and on hotel row, we do great business with tourists as well as local clientelle. This sale would include the buildout, not the client base which is why the price is reasonable.
Original lease has 2 1/2 years left of 7 years. The lease has two 5 year options. Owner is a stylist who would love to recommit herself as a fulltime stylist rather than the owner responsibilities. Salon has never been in the red. Has always produced growth in clientbase, retail, services. Name of salon is not included in sale.
If interested in more information, email or call owner at 310-466-1757.
Financials
Asking Price Range: < $250K
Gross Revenues:
$460,000
Cash Flow:
$460,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $100,000
Seller Financing: No
About The Business
Year Established: 2005
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: If owner likes the buyer, would like to stay on as a stylist to continue relationships.
Reason For Selling: Wants to be an independent stylist not an owner.
Click on the "I'm Interested" button above for more information on this Hair and Beauty > Beauty Salons and Barber Shops business for sale.
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Print Listing Id: 700113163
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