Description

Beautiful salon with lovely profits. Completely updated space looks fantastic, with high-end finishes and great decor. Previous owner was branded franchisee who spent substantial amount on buildout. New cabinets, chairs, shampoo bowls, fixtures, high-end security system.

Extremely profitable, move-in-ready salon! Perfect for passive investor! This family-oriented salon in North Hollywood is a beautifully-updated store. The business markets heavily to families as its customer base, offering modestly-priced services for men, women and children. The shop enjoys tremendous street exposure, sitting on highly-visible pad-space in a busy Target-anchored shopping center.

There are four part-time stylists, paid hourly, with no commissions or renters employed. The current owner is a manager but not a stylist. The salon benefits from lovely, high-end appointments, including a web-based security camera system, a GuestVision POS system and other upscale appointments and equipment.

This business has a leased location of 1,700 square feet with a total rent of $2,793. The seller is an active manager in the business with 4PT employees. Hours of operation are Mon-Sat 9a-7p; Sun 9a-5p. Included in asking price are $3,000 in inventory and $25,000 in Equipment and Fixtures. $5,000 in leasehold improvements.

This beautiful store makes nice profits for its owner. A new operator could add value by bringing in more stylists on weekends, increasing advertising, pumping up web presence and social media exposure.The salon is move-in ready, waiting for just the right owner to take it to the next level.

Good choice for owners looking to qualify for E-2 visa.

Posted Jun 18, 2016

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