Business For Sale

Beauty Salon Named Top 3 in Area by local magazine

Not Disclosed, CA
Los Angeles County

Asking Price: Annual Revenue:
$79,000 $150,019

Services: Hair, Nails, Spas, Tanning

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RE: Beauty Salon Named Top 3 in Area by local magazine Broker: Vic Kharadjian
License #: #01009458
Owner Financing is Available!
Seller will consider seller finance for a qualified buyer with good credit and a significant down payment.

Quick Facts

Asking Price: $79,000
Annual Revenue: $150,019
Net Profit: Not Disclosed
Cash Flow: $46,629
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 5
BBN Listing #: 356935994
Broker Reference #: LA0353

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Business Overview:

This popular Beauty Salon was named top 3 salons in the area by yelp and by local magazine (4 times). It is a beautifully appointed upscale and luxurious full service Beauty Salon. Complimentary ample parking. Established over 5 years ago at present location with current DBA; however, as per the seller, the location has been a beauty salon since early 1950’s.

The trend for gross revenue is up. Chic and unique interior appointments, spacious & open floor plan make this a proud and prestigious business to own. Great location! Located on very popular and main boulevard. Customers can choose any services, Hair, Nail, Make Up, Facial, Etc.
The Beauty Salon has 8 Hair Styling Classic Style Chairs, 8 Hair Stations, Waiting area, Make Up Counter, 4 Hair Dyer Chairs, 3 Dryer Units, full sized washer & dryer, refrigerator & freezer, changing room, Manicurist room, Coffee Bar with flat screen TV. The Salon also has Sonos music speaker system and security camera system.

This salon is a must see but you have to act fast to take advantage of this opportunity of a lifetime. A savvy investor will see that this salon has great value and presents an amazing opportunity. If you are currently working as a stylist at another salon and want to make the move into ownership, this is the business for you! Bring your clients, and start making big bucks. If you are a current salon owner and want to expand your business, you will recognize this as a wonderful expansion and investment opportunity. This business and industry has thrived through even the worst of economic times because of one strong human trait, vanity. The business size as per the seller is approximately 1,200 +/- square feet in a great location, and the rent is very low, and the Landlord pays for all common area maintenance expenses including for water. Unlimited potential for a new owner operator. Don’t let this opportunity pass you by!
The above referenced numbers and figures are per the Seller and are approximate. Broker has not verified. The Buyer is to complete their own review of books and records during due diligence.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or contact Vic Kharadjian or email us to receive a confidentiality agreement and learn more about this opportunity.

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Property Features and Assets:

Located on popular blvd. with high visibility.

Market Competition and Expansion:

There are other beauty salons in the area, however, this beauty salon named top 3 Beauty salon in the area by local magazine and yelp for 4 times. Some of the hair stations are rented for lower than the area weekly rent.

Reason for Selling:

Seller wants less obligations.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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