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Hair Salon

  • Status: Available
  • Price: $49,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6475
  • Status: Available
  • Area: Los Angeles County
  • Price: $49,000

Description

Established 27 years ago, 1000 Sf salon located in a shopping center. Rent is $3384/Month inc NNN, 3 years lease plus 3 years option to extend. 4 Hair Stations, 2 waxing Room. Gross sales are about $250K a year Net income: $120k yearly. Open 7 days a week from 9 am to 6 pm. Option to sell Hair products to generate more income. The seller works only 3 days a week and new owner can work extra day to increase the sales. 3 employees and they split the sales 50/50 with the owner. Please do not speak to anyone at this location!!!

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Salon
License(s) Required:
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6475
Date Available: 05/17/2024
Reason For Sale:

Financial Information

Annual Total:
250,000
Revenue:
Annual Net Income:
120,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
3,384
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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