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25 Station Luxury Hair Salon

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $881537
Net Profit / Cash Flow  $98925
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2007
Number of Employees  10 - 19
Inventory  100000
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Training  As needed
Reason for Sale  Other business interests.

Description  
The 2423 sqft space is a modern, open design, with large windows, natural light, high ceilings and cement floors. Salon was completely built out 3 years ago for 200K and is fully up to City of Santa Monica building and safety codes. Equipped with 25 custom work-stations station, treatment room and much more, you have to see it to believe it. With great visibility and walk in traffic, the salon is located on a busy walking street, near high end restaurants, gyms and retail shops. The business has a full staff, extensive clientele, great online presence and a excellent reputation. Turn key opportunity, NDA is required for exact business ID. Adjusted Net is for an active owner operator who has their own book of business. Current ownership averages $80k Earnings so this should be an achievable metric. Absentee owners would net about $1,500.00 per month approximately, so owner-stylists would be the preferred acquisition scenario. Facilities: Valet or self parking available closed underground building dedicated parking garage w/ attendants. Includes the following: 25 custom work stations, 5 shampoo stations w/massage units in each chair, electric foot rests, Towel warmers Private staff lounge w/lockers, fridge, microwave, toaster oven, sink, Washer Dryer Unit, Separate color room/dispensary w/sink, Dishwasher, Private Office, 4 MAC Securily Networked computers w/STX Salon Software, 3 ipads w/STX Salon Software on the secured network, Phone system, Top of the line electro voice sound system, Licensed Music Service, custom architectural color accurate lighting, Italian designer light fixtures, 3 AC Units, ADT Security system, WIFI - public network. Competition: Not many salons that are this modern and large scale as a turnkey opportunity. Growth & Expansion: Perfect owner-operator opportunity for a stylist to set up their roots in the trendy Westside Financing: $89k Cash, $2,000 / Month for 35 months.


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