Price: $369,000
Location: Los Angeles County
Industry: Nail Salons
Listing ID: 5744 JH
Listing Status: New
Established Nail Salon for sale – Located in Los Angeles County.
Excellent opportunity to acquire a well-established, high-volume nail & hair salon located on a busy major street in the heart of Los Angeles County. Under the same ownership since 2011, the salon has built a loyal customer base and benefits from strong street visibility.
Business Highlights:
* Average Monthly Gross: Approx. $58,000
* Monthly Rent: $7,500
* Store Size: Approx. 1,450 sq. ft.
* Lease: six years including option
* Employees: 8 full-time / 2 PT
* Average Monthly Payroll: Approx. $18,000
* Hours: 10:00 AM – 7:30 PM, Closed: Mondays
* Ownership Since: 2011
* Reason for Sale: Personal
The salon is professionally maintained and reflects great pride of ownership. An established hair station provides additional revenue, with further potential to expand services and increase sales. A solid opportunity for an experienced operator or entrepreneur seeking an established, turnkey Nail & Hair salon in a desirable Los Angeles County!
OFFICE ID 5744 JH
Down Payment: $369,000
Total Sales: $700,000
Cash Flow: $130,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
FFE Included: Yes
Inventory: $20,000
Inventory Included: No
Year Established: 2011
Year of last Acquisition: 15
Days & Hours of Operation: 6 days 10am to 7:30pm / Monday Closed.
Owner Hours Per Week: 8
Non-Owner Payroll: $216,000
Employees: 10
Absentee Owner: No
Security on Lease: Yes
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $7,500
Type of Location: Strip Mall
Square Footage: 1450
Franchise: No
