LOS ANGELES, California
| Asking Price |
$80,000 |
Year Established |
2023 |
|
| Annual Revenue |
$155,000 |
Reason for Selling |
Health Issues |
|
| Annual P/L |
$100,000 |
Attention |
Austin Dinh |
|
| Annual Cash Flow |
$100,000 |
Listing Number |
1020263 |
|
| # of Employees |
4 |
Business Category |
Services: Hair, Nails, Spas, Tanning |
|
Business Overview:
This beautifully presented nail salon sits in the heart of Downtown Los Angeles, adjacent to the Los Angeles Convention Center and Crypto.com Arena. The salon draws a steady weekday clientele from surrounding corporate offices and also benefits from foot traffic generated by conventions and events. Its location makes it convenient for downtown professionals to book lunch or after-work appointments.
Monthly rent is just $3,200. The seller reports flexible lease extension terms with a guarantee that the current rent will remain in place during the extension. The salon also keeps product costs low, with reported cost of goods sold averaging approximately $600 per month.
The owner oversees administration and coordinates staffing, while four nail technicians provide all client services. Under the current arrangement, the technicians work as independent contractors on a 50/50 service revenue split. This setup may appeal to a hands-on salon operator or a buyer who prefers to focus on managing the business while the technicians serve clients.
A new owner could build on the salon’s existing corporate clientele through outreach to nearby offices, a loyalty program, or promotions timed around conventions and arena events. The seller is motivated to complete a prompt, straightforward sale due to health reasons.
OFFICE ID 5757 AD
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity