Hair Salon
Service Related
In or near Los Angeles

Status: Expired
Price: $54999
Sq Ft: 1,600 Sq Ft.

LBA Listing # 6228






Hair Salon
Service Related

Los Angeles LBA Listing # 6228
Beautiful Prestige Hair Studio in Glendale California. 13 years in Business, 9 years at the current location. rent is $5,000/m including NNN for 1,600sq.ft. of space. New Lease available upon Landlords approval.
12 Hair Stations, 1 Make up Station, Skin Care Room with Sink, 6 Stylists currently renting hair stations for $900/m per station. Skin Care room is collecting $700/m Rent. Make up station could potentially bring in additional rent of $500/m. Addition $350/m income from 2 advertising posters inside the Salon. Potential to bring in more stylist to rent out stations. Seller claims  Gross Annual sales are about $180,000 and  she also claims her net is about $60,000 a year.
Status: Expired
Price: $54999
Sq Ft: 1,600 Sq Ft.  

Business Information Financial Information
Ownership Type:  Sole Proprietorship
Year Established: 13 years ago
Year Purchased:
Business Type: Hair Salon
License(s) Required: Business, Cosmetologist
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 6228
Date Available: 7/12/2018
Reason For Sale:
Annual Total Revenue: 180,000
Annual Net Income: 60,000
Monthly Payroll:
Lease Information
Base Rent: 5,000/m
Lease Expires:
Lease Option: New lease
NNN: Included
Financing Information
Down Payment: 54,999
Owner Will Carry:
Other Finance Terms:
Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer. This information is shared by all Brokers/Agents at Liberty Business Advisors of San Francisco, Inc.