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Los Angeles, Los Angeles County, California
Asking Price
$2,400,000
Revenue
$1,664,113
Down
$2,400,000
Cash Flow
$476,441
Name: Ryan Clark
Phone: Show phone number
Name
Ryan Clark
Phone
Show phone number
Posting ID:
291227
Attributes:
Broker Cooperation
For Sale By Owner
Owner/Seller Financing
Training And Support
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California
Finance Service
Call/Email
No Money Down financing strategy by 65% LTV and 45% seller carry, 10% overage goes toward closing cost and points. WOW!!! Join our team to become a Private Money Lender. You can earn 20% of the points on loan amount. A 1 million deal earns you 4,000. That is 80,000 when you generate 20 transactions per year!!! Incredibly low start up cost. Visit PMB.PrivateMoneyBanks.com.
Orange County, California
Full Service Salon with 18 Hair Stations
$ 155,000
CF : $ 43,000
If you are looking to buy a well-run, full-service salon, with steady, long-term employees, then look no further! This well-established salon is located in a bustling, affluent Orange County beach city center, and has been providing hair services for over 30 years! The salon offers designer cuts, expert color, hair extensions, weaves, manicures, pedicures and facials, and has a loyal clientele that consists of children, and women and men of all ages. It is busy with highly talented and experienced employees. 9 full-time stylists, 6 part-time stylists, 2 full-time manicurists, 1 part-time aesthetician, and 2 part-time receptionists. The owner provides weekly in-house training on new products, styles, and techniques to keep stylists updated on the latest trends. He has also worked with several of the stylists for many years, and they all get along well together, which is essential in a salon! This 2,300 square foot salon has a contemporary interior and includes 18 hair stations, 4 manicure stations, 4 shampoo bowls, 4 hair dryers, 2 treatment rooms, dispensary, a large reception and retail area, and an upstairs break room/office. The shop also sells its own line of excellent hair care products, as well as products by Eufora. The monthly rent for this facility in this premium location is only $4,900 per month. The owner has identified several opportunities to grow the business, such as filling the remaining hair stations, manicure stations and treatment room, as well as continuing to promote the salon on Groupon and LivingSocial. The current owner would like to sell so that he can pursue a new career.
Long Beach, California
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$ 48,000
CF : $ 65,000
This store has been arguably the most popular women's boutique on 2nd street since established in affluent Belmont Shore in 1996. It has built up a very loyal local following over the last 14 years, and also caters to tourists and visitors to the nearby Long Beach convention center. The business association in Belmont Shore is very active and conducts many special events and attractions on 2nd Street, which draw tourists from throughout Southern California. The boutique carries exclusive labels and better priced items of trendy clothing, shoes, accessories, and jewelry. Inventory turnover is very high in this busy, high-volume store. The boutique's prime corner location provides excellent street visibility and tremendous foot traffic from the people strolling along the street to shop and dine at the many fine restaurants. The store operates from a gorgeous 1,450 square foot space, which features a 14 foot high ceiling, crystal chandeliers, and a spectacular 56 linear feet of window frontage. It features a fanciful, themed interior that garners constant compliments from impressed customers. The racks and fixtures are unique, antique looking--all custom built for the store. It features 5 changing rooms, an employee break nook, office, and ample backroom storage, plenty of space for all supplies, extra fixtures, holiday decorations, and back stock for at least 20 styles of shoes. The boutique currently employs 4 superb part-time sales people, and can easily be run by an owner or hired manager. The ideal buyer for this business should be trend savvy and have a passion for fashion. The elderly owner is selling the boutique to raise cash for renovations on a commercial property he recently purchased. A retired CPA, he was forced to take over the business in 2000 from his brother, who became disabled at that time. Now, he himself is downsizing his business affairs after a recent heart attack. The business has a much greater profit potential if energized by a younger, more passionate owner/operator. Lease expires in 2012 with an option to extend for another 4 years at the same rental rate. Inventory is not included in sales price, but can be purchased at cost at buyer's option. Training on operations, buying, and all vendor sources included.
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