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Upscale Hair Studio, Boutique For Sale - Encino, California
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Profile: 13 Year Old, Boutique Like, Hair Studio Located On Ventura Blvd. In Encino.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Alexander Neyman, Agent
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| Primary Phone: |
213-706-7166 |
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| Alternate Phone: |
626-395-0717 X233 |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/24/09 |
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| Date Last Revised: |
11/2/09 |
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| BizBen Ad #: |
149810 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$85,000 |
| Down Payment: |
Negotiable |
| Annual Revenue: |
$120,000 |
| Annual Adjusted Net: |
$80,000 |
| Price Range: |
$0 to $100,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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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 3,920/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).
The Asking Price For The Business Is 85K Which Includes FF&E Valued At 45K And Inventory Of About 3,500.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Alexander Neyman, Agent at 213-706-7166 or 626-395-0717 X233 Non Disclosure Agreement |
Business For Sale Photos
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