Beautiful Hair Salon

250k

Los Angeles County

Beautiful rental salon for sale right in the heart of Beverly Hills. After many successful years in a similar space next door, the current owner moved one unit down to and built a new larger salon. The furniture and equipment was manufactured in Italy by Gamma & Bross, some pieces were one-off custom specifically for this salon. 14 hair stations and one for nails, 3 shampoo stations with reclining chairs, custom dryer bench, ADA compliant build out. Renters are paying $400/week; 9 hair chair renters, 1 nail chair renter, 3 commissioned stylists. Current renters are paying below market value. Lot of room for improvement as the current owner is disengaged. Rent was negotiated below market value for the area, a new owner will assume this competitive rent along with all equipment and fixtures as well as the business name if they desire.

Price: $250,000
Revenue: 268,000
Adjusted Net: $80,130

Posting: #2911
Call: 714.366.5498