Hair & Nail Salon Including Permanent Makeup, Esthetician Suites

Granada Hills, CA (Los Angeles County)

Hair & Nail Salon Including Permanent Makeup, Esthetician Suites

Asking Price:$49,000

Cash Flow:$38,953

Gross Revenue:$158,726

EBITDA:N/A

FF&E:$15,000

Inventory:$1,000*

Established:2006

*not included in asking price.

Hair & Nail Salon Including Permanent Makeup, Esthetician Suites

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Business Description

Motivated seller. This lovely, full-service hair and nail salon has a successful track-record in a busy Granada Hills strip center. The owner is retiring but eager to stay on as a stylist renter. She has built a successful client base over the last 10 years in the same location.

The shop features 13 hair styling chairs, 3 nail stations, 5 dryer chairs, 4 shampoo chairs and 2 esthetician tables in private suites. Several stylists are also certified to perform permanent makeup service. The 1,600 square foot space has a small kitchen and more than a dozen storage lockers. The seller indicates there is tremendous upside potential in this investment.

The salon is often crowded despite the fact there is no advertising, website or POS system in place. The owners are quite motivated to find a quality, qualified buyer who can continue their successes. Please call listing agent Brian Loring at 818-973-2755 for more information. Do not speak with customers or employees.

Detailed Information

Inventory:
Not included in asking price
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This busy salon enjoys a high-visibility location in northern San Fernando Valley. The store is more than 1,600 square feet with a combined total of more than 15 hair and nail stations. The current owner also created two private esthetician suites for waxing and permanent makeup services. There is substantial parking both in front of the store and in the rear.
Competition:
The salon benefits from a terrific location in a super-active shopping center in Granada Hills. Traffic counts at the nearby corner exceed 40,000 cars per day. The business has very few competitors nearby who offer the same depth of salon services. In addition to the hair and nail stations, the business also provides expert waxing and permanent makeup suites.
Growth & Expansion:
The owner indicates there is tremendous opportunity for expansion and growth. The business currently has no website or online presence, no POS and no advertising, yet the salon is consistently packed with a loyal client base. A new owner could take several leaps forward with more modern and aggressive marketing talents. The seller is currently active in the business and would be willing to stay on as a stylist renter.
Support & Training:
2 Weeks, 20 hours
Reason for Selling:
Retirement

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Brian Loring

Business Listed By:
Brian Loring

First Choice Business Brokers- San Fernando Valley

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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