Business Summary

Asking Price: $50,000
Gross Income: $150,000
Cash Flow: $30,000
EBITDA: N/A
FF&E: $5,000
Inventory: $1,000*
Real Estate: N/A
Established: 2005
Employees: 4

Business Description:-
This unique and highly artistic hair salon boasts excellent street frontage in one of the most desirable areas of Los Angeles. The salon currently has 6 hair technician stations, 2 wash stations, 2 developing and drying chairs as well as a break room.

Detailed Information:-

Inventory: Not included in asking price

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: This 1,000 square foot facility leases for $3,600 per month on a lease until April 2018. All of the business’s furniture, fixtures equipment and client list will transfer in the sale. An additional $1,000 in inventory will be sold at cost at close.

Competition: While there is a high demand for this type of business in this coveted area, there are few immediate competitors that offer comparable visibility and street frontage.Growth & Expansion: This salon offers a few additional services to complement its hair services, but a new owner may seek to expand by offering any number of additional complementary services such as nails, waxing, massage, etc.

Financing: Not Offered

Support & Training: 2 wks at 20 hrs/wk

Reason for Selling: Personal

Property Details