Beauty Salon
www.GlobalBX.com
Listing ID:
700280448
Listing Title:
Beauty Salon
Quick Link:
http://www.globalbx.com/listing.asp?bId=280448
Industry:
Hair and Beauty
Industry Segment:
Beauty Salons and Barber Shops
Country:
United States
State / Province:
California
Area
Southern California - Los Angeles Area
City:
Los Angeles
Asking Price Range:
< $250K
Gross Revenues:
$234,000
Cash Flow:
$50,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1997
Number of Employees:
6 - 9
Business Description:
The current owner opened this salon in May 2007. This Los Angeles store is located in a prime and growing retail shopping center anchored by a Food for Less, Sally Beauty Supply, Michaels and Starbucks. This Fantastic Sam's location has been in business for more than 20 years and has been profitable since opening the store the first time.
The current facility has 9 stations. Currently there are 7 stylists (4 FT, 3 PT) utilizing 7 of the stations. Plenty of room to grow! The owner is a stylist spending around 30 hours at the salon.
The Shop has 2,000 SF of space and rent is $5,700 Mo. Lease until 2020 with extensions to be secured with no problem.
Fully equipped salon, including $ 5,000 worth of inventory, turn key, with a facility lease in place. A brand new salon costs $30,000 just for the franchise license, plus a salon build out of at least $80,000, plus other normal salon business licensing fees.
Turnkey business with great returns ready for a new owner.
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