Priced to sell 99k Reduced ! in very desirable location

La Jolla, CA (San Diego County)

Seller Financing Available
Priced to sell  99k Reduced ! in very desirable location
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Asking Price: $125,000

Cash Flow: $80

Gross Revenue: $220,000

EBITDA: N/A

FF&E: N/A

Inventory: $25*

Rent: $3,800 /Month

Established: 2012

*not included in asking price.

Priced to sell 99k Reduced ! in very desirable location

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Business Description

Upscale Full Service Salon, one of a kind,

This prestigious salon boasting more than 150 5* reviews is ready to go. Recently remodeled, it is a beautiful, glamorous environment, regular clients and out of town clients comment on the tasteful space with leather chesterfield seating and crystal chandeliers. Clients can enjoy our signature lavender mimosa before during and or after service. There are 7 stations with marble counter top.
There is a separate treatment room where we offer full range of skincare treatments, . we carry renowned Jan Marini skincare only usually found in Doctors offices. We also provide lash extension service, which is a great revenue earner.There is also a treatment room for custom spray tans, we are the no 1 for spray tans. At the front of the salon is a glamorous make up bar with high chairs. Hair and make up services are in demand. We are also a partner with Kerastase, a luxury haircare product line. We serve ladies, men and kids.
There's not much we don't do.
This business has been very successful and deserves an owner who has the time to take this business to the next level.

Detailed Information

Location:
La Jolla, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
750
Lease Expiration:
5/15/2024
Employees:
6
Facilities:
750 sqft, fully remodeled,spacious reception area with seating, 8 stations, tanning treatment room with equipment. Second large treatment room with bed and facial equipment, microdermabrasion and steamer. Three custom white leather low reclining wash bowls with stylish back bar. Restroom and break room with large fridge freezer and microwave. Second seating area with beverage station. Owner private parking at the rear.Security system, easy keypad entry. Extensive client list. Online booking with marketing automation and client management system.
Competition:
Strong loyal local clients supplemented with strong out of town clients. Heavy presence in advertising platforms such as google and yelp, generates, 30% new clients monthly and referrals. Appointed designated salon referral for guests for prestigious LA Valencia hotel and Inn by the Sea. in La Jolla. Salon across the street, all booth rent.
Growth & Expansion:
There is great potential for scalable expansion within the exiting premises. Revenue could be increased by 400 %
Support & Training:
Whatever is needed. Willing to trade support for services.
Reason for Selling:
Time. Having to travel to the UK regularly for sick parent.
Business Website:
http://glolajolla.com
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Business Listed By:
Suzanne Yelland

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