Posting Details

Multiple Threading Salons For Sale - San Fernando Valley

San Fernando Valley Multiple Threading Salons For SaleThe ancient hair removal technique of eyebrow threading, practiced for centuries in Asia and the Middle East, has become a fast-growing and profitable beauty concept. The business has quickly earned a tremendous reputation as the premier, upscale threading location in this area.

The owner has spent a good amount of money and time to remodel and finely appoint these salons. All are located in department store-anchored shopping centers in prime parts of town, with high traffic counts, great visibility and easy access.

Combined gross revenues are roughly $750K in 2016, with a Seller's Discretionary Earnings of $220K. All stylists are paid as W-2 hourly employees, with no commissions or rentals. Each location has at least two years remaining on their leases.

The current owner is not a stylist and has no day-to-day presence in the salons. His role is strictly as an off-site manager. It would be clean and easy for a new buyer to take over that role as an absentee owner.
The listing # 235898 Multiple Threading Salons - San Fernando Valley below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Multiple Threading Salons in San Fernando Valley please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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Status: Active
Refreshed: 5/13/2019

Contact: Joe Khoury
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Price: $69,000
Adj Net: Call
Down: Call

This established salon for over fifteen years, is in the most affluent neighborhood of Los Angeles area of Brentwood, Santa Monica. Over 1,000 Sq Ft. remodeled recently. There are 10 stations mostly rented. New Owner can have 2 chairs and keep the rest rented, or replace them with his staff.
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A 'Fantastic' opportunity to earn over 35% Return on Investment (ROI) on this business purchase as an almost Absentee Owner. If you have a license and wish to operate one of the chairs, then your income could potentially be much higher. Buy this business as an investment.
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