Review

Hair Salon
Day Spas/Beauty Salons
In or near Los Angeles

Status: Available
Price: $65000
Sq Ft: 1,850 Sq Ft.

LBA Listing # 6292
 

  




  




  




 
Hair Salon
Day Spas/Beauty Salons


Los Angeles LBA Listing # 6292
Beautiful Prestige hair Studio centrally located in Glendale Ca. Has an abundance of free customer parking. The Salon has been located here for 9 years. Rent is $5,000/m including NNN for 1,850sq.ft. space. new lease available upon landlord's approval. 12 x hair stations, 1 x Make up Station,  Skin Care Room with sink. 6 x Stylists currently renting hair stations for $600 a month, current owner willing to stay on & rent additional station. Make Up station could potentially bring in additional rent of $500/ monthly. Addition $350/m income from 2 x advertising posters inside the Salon. Potential to bring in more stylists to rent out stations. Seller claims his Gross  sales are about $12,000 a year and her Net Income is  about $48,000. Power & Water $700/m, liability insurance about $700/ year.
Status: Available
Price: $65000
Sq Ft: 1,850 Sq Ft.  


Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased:
Business Type: Hair Salon
License(s) Required: Business, Cosmology
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 6292
Date Available: 5/4/2020
Reason For Sale:
Annual Total Revenue:
Annual Net Income: 48,000
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 5,000/m
Lease Expires: New Lease
Lease Option:
NNN:
 
Financing Information
Down Payment: 65,000
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.