Trendy Rental Hair Salon in Sherman Oaks, CA

Sherman Oaks, CA (Los Angeles County)

Trendy Rental Hair Salon in Sherman Oaks, CA
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Asking Price: Get Financing: $95,000

Cash Flow: $50,435

Gross Revenue: $148,208

EBITDA: N/A

FF&E: $15,000

Inventory: N/A

Lease Rate: $1.72 /SF/Month

Established: 2004

Trendy Rental Hair Salon in Sherman Oaks, CA

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Business Description

Salon with profit & parking in Sherman Oaks!

Absentee-run rental hair salon in prime Sherman Oaks location! This is an excellent opportunity to purchase an established hair salon that is 100% station rental, profitable, and located in a high foot traffic area. The location was recently remodeled and features modern FF&E, 3 private rooms, 7 stations, 1 blow dry area (7 of the 11 areas are currently rented), and ample parking is included in the lease! The space is 2,200 SF, and total rent is only $3,788/mo.! Buyer will need to qualify for a new lease with the landlord, and only minimal increases are expected for a qualified tenant. This salon is ideal for a hair stylist looking to own a salon or an experienced salon operator looking for a new location. The business is easy to operate, similar to any other property rental business. Salons with this high quality FF&E, premium location, and considerable cash flow are rare! You don’t want to miss this one! Inquire Now! For more information contact listing agents : Adrianna Smith and Lana Hout at : (310)560-5101 or (949)433-1291 or asmith@fcbb.com or lhout@fcbb.com

Detailed Information

Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
1/31/2019
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 2,200 square feet with a Total Rent of $3,788. Lease ends 1/2019. Seller is not active in the business with 3 Independent Contractors. Hours of operation are Tuesday - Thursday 10 AM - 5 PM and Friday - Saturday 10 AM to 6 PM. $15,000 in FF&E included in Asking Price. $53,000 made in Leasehold Improvements. Assets include new signage - $2,500! Business License and Salon Establishment License Required.
Support & Training:
2 Weeks
Reason for Selling:
Seller moved and wants to pursue other business interests
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(from currently available funds)
 
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Adrianna Smith

Business Listed By:
Adrianna Smith

First Choice Business Brokers LA

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