Tarzana Day Spa with Nails & More – Attractive Location!

Los Angeles, CA (Los Angeles County)

Tarzana Day Spa with Nails & More – Attractive Location!
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Asking Price: $175,000

Cash Flow: N/A

Gross Revenue: $211,090

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Rent: $4,000 /Month

Established: 2014

Tarzana Day Spa with Nails & More – Attractive Location!

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Business Description

This well-appointed day spa with nails and much more is located on a major San Fernando Valley thoroughfare. While the business has been catering to its fortunate patrons since 2014, the facility received new plumbing and underwent general renovations in 2017. As such, it was closed from February to July. The business benefits from its staff who include 5 full time and 7 part time employees. They also have 3 renters who pay between $450 and $600 monthly. paying $600/month, $450/month and $550/month.

Detailed Information

Location:
Los Angeles, CA
Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This 2,200 square foot boutique leases for $4,000 per month on a lease that will expire in until 2021. The lovely location has 6 pedicure chairs, 2 stations for hair (with room for more) and a eparated facial / esthetician rooms. All of the business’s furniture, fixture, equipment and goodwill will be included in the sale.
Competition:
While competition for every form of beauty care service certainly exists in the area, the day spa commands fantastic street visibility in a highly popular corner location – which provides it excellent client access as well as built-in marketing!
Growth & Expansion:
The business, which already offers a variety of services, has a good deal of growth potential to bolster its facial, make-up, wax, extension, treading, blowout and hair offerings! While it could tremendously benefit from a highly active full-time owneroperator who is also a technician, new management may prefer to bring in additional renters or modify the service mix.
Reason for Selling:
Personal
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Vladimir Tuchinsky

Business Listed By:
Michael Wildeveld

The Veld Group

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Sponsoring Broker:
Michael Wildeveld, CBB, CBI, CM&AP, M&AMI, CEPA

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