Price: $40,000
Location: Los Angeles County, CA
Industry: Hair Salons and Barber Shops
Listing ID: 01985441LSM
Listing Status: New
Listing ID - 01985441LSM
Located in the bustling Los Angeles Valley, this thriving Hair Salon and Spa represents a dual business opportunity, having been established for 18 years.
This unique offering combines a salon, featuring 13 recently fully-occupied chairs, with a spa that boasts 6 rented rooms, complete with a small waiting list. Additionally, the business includes 2 nail technicians.
No prior experience is required for the new owner, making it an excellent investment opportunity. It's particularly well-suited for owner-operators who wish to provide services to their clients while also earning additional income from the rental spaces.
The current owner, managing two other businesses, finds themselves unable to dedicate the necessary time to this venture, presenting a ripe opportunity for an enthusiastic new owner.
Down Payment: $40,000
Total Sales: N/A
Cash Flow: N/A
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $20,000
FFE Included: Yes
Inventory: $5,000
Inventory Included: Yes
Year Established: 2006
Days & Hours of Operation: 6 Days (Tue - Sat: 9am to 7pm)
Owner Hours Per Week: Less Than 5 Hours a Week
Non-Owner Payroll: N/A
Employees: 19
Absentee Owner: No
Lease Option: 5 Year Option
Real Estate: N/A
Monthly Rent: $12,534
Type of Location: Strip Mall
Square Footage: 3300
Reason For Sale: Other Business Interests