Boutique Like Hair Studio Located On Ventura Blvd In Encino
| Asking Price: | $85,000 | Inventory: | $3,500 ++ |
| Gross Revenue: | $120,000 | Real Estate: | n/a |
| Cash Flow: | $80,000 | FF&E: | $45,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Location, Location, Location, Established In 1996, By The Current Owner/Operator, This Upscale, Profitable Hair Studio, Located Along Side Ventura Blvd In Encino Is Available For Sale Now.
This 1100 Sf, Private, Boutique Like, Studio With Excellent Reputation And A Huge Free Parking In The Rear. Totally Refurbished In 2007 At The Tune Of 50K. It Consists Of 8 Spacious Stylist Stations With Dark Wood Cabinetry And Huge Mirrors, 2 Rooms For Wax & Facials, Changing Room, 2 Shampoo Stations And Dryers, Separate Room For Washer & Dryer And Tankless Gas.
Currently 5 Out Of 8 Stations Are Being Rented Out To Stylists Who Have Been There For Years And Have Their Own Long Term Clientele, Which Brings In 3,400/Mo At This Point.
The Owner Would Love To Stay On And Rent Out A Station Herself. Plus, There Are 3 More Stations Available For Flat Rent Or Commissions Which Will Bring In Even More Guaranteed Income. It Can Also Generate More Revenue By Providing Medi/Pedi Services And Marketing More Beauty Supply Products.
The Owner Had Implemented Smart Marketing Strategy By Offering A Reward Program, As Well As Coupon Offering Through Ralph's Supermarkets In The Area. Even In Today's State Of Economy The Studio Is Staying Very Busy . The Owner/Operater Herself Generates Annual Gross Income Of 120K (10K/Mo) With The Net Annual Income Of About 80K (6500/Mo).
This 1100 Sf, Private, Boutique Like, Studio With Excellent Reputation And A Huge Free Parking In The Rear. Totally Refurbished In 2007 At The Tune Of 50K. It Consists Of 8 Spacious Stylist Stations With Dark Wood Cabinetry And Huge Mirrors, 2 Rooms For Wax & Facials, Changing Room, 2 Shampoo Stations And Dryers, Separate Room For Washer & Dryer And Tankless Gas.
Currently 5 Out Of 8 Stations Are Being Rented Out To Stylists Who Have Been There For Years And Have Their Own Long Term Clientele, Which Brings In 3,400/Mo At This Point.
The Owner Would Love To Stay On And Rent Out A Station Herself. Plus, There Are 3 More Stations Available For Flat Rent Or Commissions Which Will Bring In Even More Guaranteed Income. It Can Also Generate More Revenue By Providing Medi/Pedi Services And Marketing More Beauty Supply Products.
The Owner Had Implemented Smart Marketing Strategy By Offering A Reward Program, As Well As Coupon Offering Through Ralph's Supermarkets In The Area. Even In Today's State Of Economy The Studio Is Staying Very Busy . The Owner/Operater Herself Generates Annual Gross Income Of 120K (10K/Mo) With The Net Annual Income Of About 80K (6500/Mo).
About the Business
Year Established:1996
About the Sale
Management Training and Support:2 weeks at 20h/week
Reason For Selling:Family Issues
Attached Files - Attachment Disclaimer
KEYWORDS: hair, beauty, salon, hair studio, barber shop, Encino, service, cut, hair cut
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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