Share This Info:  
BizBen Posting Details

For Sale: Luxury Hair Salon - Prime Location - West Hollywood, LA County

Save This Posting    Share This Posting    My Notes    NDA    Print    Monitor    Report    Add A New Posting

Current Status: Active     Posting #: 241324     Last Refreshed: 5/18/18     BRE License #: 01820673    
Contact: Rick Carlson At 833-776-6682 X717  -  Also Email This Contact Below
Price:  $185,000     Down:  Call     Adjusted Net:  $164,184     Revenue:  $901,899    
Business Address:  None Given     City:  West Hollywood     Zip:  90069    
Attributes:  Training & Support     Cooperation With Brokers?  Yes

  Email Rick Carlson Below About This Posting
Your Name:
      Your Email:
      Your Phone:
Your Questions And Message To Rick Carlson: 

No Spam
For Best Results & Response, Email & Phone This Contact: Rick Carlson at 833-776-6682 X717.

  Description About This Posting: Luxury Hair Salon - Prime Location
Luxury hair salon in the heart of West Hollywood is located in a high traffic complex shared with a busy specialty market and coffee house. Seller invested upward of $455,000 to completely build out the interior and create a warm, modern and masculine space in which customers feel comfortable and pampered, while providing the best equipment to its stylists. This is a substantial value to a Buyer - who will not have to invest a dime in improvements for years to come. The doubling of gross revenues since the enhancements is a validation of the investment and its follow up plan to stand out by its commitment to exceptional customer service is paying off handsomely. There are currently 65 5-star average reviews on Google and 10 reviews on Yelp with an average 5 stars.

Industry indicators project high revenue growth for at least the next 3 years, if not longer and will enable Buyer to increase the 15% net margin. Low purchase price reflects $104,000 in liabilities (all pre-paid packages) that Buyer will assume.

The former franchised salon was re-branded in November, 2017 and is now independent; not bound to pay franchise or royalty fees.

An owner who does well in cutting expenses and branding can certainly take the salon to the next level. Pictures are available with NDA.

Detailed Information

Employees: 8

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: Beautiful build out, once we secure the NDA we'll send the full package with pics!

Competition: There are very few upscale hair salons like this one, even fewer in an accessible location like this one with validated parking.

Growth & Expansion: Buyer with branding experience could grow customer base with targeted social media, neighborhood advertising and support of community events.

Support & Training: 2 weeks at 10 hours per week.

Reason for Selling: Owner is relocating to the East Coast.

To get more information about this Luxury Hair Salon - Prime Location business for sale in West Hollywood, LA County please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 X717 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #241324 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Luxury Hair Salon - Prime Location, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

  Related Links And Information Regarding This Posting
Notes
My Posting Notes


  Helpful Resources To Assist In Selling And Buying California Businesses

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.

Mark Chatow, Esq.: Legal Services For Buying, Selling Businesses

Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.

Helen Yoo: Escrow & Bulk Sale Services - Southern California

New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence Services

Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews

Buying A California Beauty Salon - Making Your Bank Account Look Beautiful

There are more than 1 million hair salons in the United States! Buying a hair salon for sale can be a good investment if you find the opportunity and have the right skills to run it. Hair salon opportunities range from independent businesses of all sizes to franchises. Let's discuss this further.

Before Buying A California Business, 10 Questions You Should Ask Yourself

Before buying a business, all serious business buyers should ask themselves some key questions about possible buying a small California business, franchise, or opportunity - from Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program Advisor with BizBen) at 866-270-6278.

Is Crowd Funding A Viable Way To Raise Money To Purchase A Small Business?

We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?

Buying A Nail Salon Business: It Doesn't Have To Be A Nail Biting Experience

Buying a nail store requires careful consideration during the search and diligence process. Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program Advisor with BizBen) at 866-270-6278, discusses the important factors to focus on when buying a small to mid-sized nail shop.

How Many Listings Is Too Many For One Broker To Handle? Is It 5? 10? 20?

Peter Siegel, MBA in this Vlog/Podcast discusses how many listings is too many for one business broker to handle at one time. Is it 5 is it 20? I recently had a coaching call with one of my BizBen broker clients who asked that question this week. There are many factors that go into the answer.

FREE Workshop: Due-Diligence When Buying/Selling A Small Business 6/9

This workshop is about the due diligence process of buying & selling a business. Saturday: 6/9 from 9AM - 1PM (refreshments will be served) in S. CA. Phone Willard Michlin (CPA, Certified Fraud Examiner, Due Diligence Expert, Business Broker). Phone 805-428-2063 to RSVP.

BizBen Index: Weekly Results - 292 California Businesses Sold 3/26 - 3/30

For the week of 3/26 thru 3/30, 292 California small businesses were sold by business owners, business brokers, and agents. In 2017 16,956 CA small businesses were sold. So far this year (2018) 3,896 small to mid-sized California businesses have sold so far by business owners, agents, and brokers.

Attorney Specialist Shares Escrow Instruction Tips When Buying A Business

Once you have successfully negotiated the Asset Purchase Agreement ("APA") for your acquisition it's natural to relax a little and let your guard down. Attorney Specialist Mark Chatow discusses what business buyers should look out for when opening escrow and getting escrow instruction in place.

See All News, Tips And Events


Close
Business Purchase Financing SBA Loans
Southern California Legal Services For Buyers And Sellers
Escrow Services From Helen Yoo New Century Escrow
California New Cleaning Franchises For Sale
Facebook
Twitter
Linkedin
Google Plus You Tube
Vlogs and Podcasts
Helen Yoo At New Century Escrow
Business Purchase Financing Assistance And Loan Placement
Diane Boudreau-Tschetter California Business Escrow, Inc.


Auto Related
Business Services
Children Related
Communication Related
Computer, Internet Related
Construction Related
Entertainment Related
Financial Services
Health, Beauty Related
Home Improvement Related
Maintenance Related
Manufacturing Related
Media, Publishing Related
Pet Related
Photography/Video Related
Real Estate Services
Restaurant, Food Related
Retail Related
Service Related
Sports Related
Transportation Related
Travel Related
Wholesale Related

Auto Body Shops
Auto Repair Shops
Bakeries
Bars, Sports Bars
Cafe Restaurants
Car Washes
Cleaning Services
Clothing, Apparel Stores
Coffee Shops
Convenience Stores
Deli Restaurants
Discount, Dollar Stores
Dry Cleaners
eCommerce Websites
Fast Food Restaurants
Florists, Flower Shops
Full Service Restaurants
Gas Stations
Gift Shops
Gyms, Fitness Facilities
Home Health Agencies
Hotels/Motels
Ice Cream Shops
Juice, Smoothie Shops
Laundromats
Liquor Stores
Markets, Marts
Nightclubs
Pizza Restaurants
Postal, Shipping Stores
Preschools, Day Care
Print Shops
Salons, Beauty Shops
Sandwich Shops
Smog Test Only Shops
Smoke Shops
Spas, Med Spas
Sushi Restaurants
Tire Shops
Towing Services
Vending Routes
Wireless, Cellular Shops
Yogurt Shops

Alameda
Alpine
Amador
Butte
Calaveras
Colusa
Contra Costa
Del Norte
El Dorado
Fresno
Glenn
Humboldt
Imperial
Inyo
Kern
Kings
Lake
Lassen
Los Angeles
Madera
Marin
Mariposa
Mendocino
Merced
Modoc
Mono
Monterey
Napa
Nevada
Orange
Placer
Plumas
Riverside
Sacramento
San Benito
San Bernardino
San Diego
San Francisco
San Joaquin
San Luis Obis
San Mateo
Santa Barbara
Santa Clara
Santa Cruz
Shasta
Sierra
Siskiyou
Solano
Sonoma
Stanislaus
Sutter
Tehama
Trinity
Tulare
Tuolumne
Ventura
Yolo
Yuba

0 to $99,999
$100,000 to $249,999
$250,000 to $499,999
$500,000 to $999,999
$1 million to $2 million
over $2 million



BizBen - Where California Deals Get Done! 888-212-4747
7172 Regional Street #364 · Dublin, CA. 94568
BizBen · Copyright © 1994 - 2018, All Rights Reserved

               Vlogs and Podcasts  
Join Us On Social Media - Content Updated Daily
Sign Up Today - For Our FREE BizBen Weekly Email Newsletter
Includes The Best Info On Buying, Selling, Valuing, Financing California Businesses:
Articles, Blog Posts, Podcasts, Videos/Vlogs, Discussions, Q&A, Workshops, Webinars,
Resources. Watch For An Email Confirmation After Signing Up Above. Thank you.
Clost Login


Please confirm your registration by clicking the link we've sent to .

If you can't see it, please check your junk mail folder.

If you have any problems registering, or need assistance with your new BizBen User Account please phone BizBen Customer Support at 888-212-4747.



First Name:*
Last Name:*
Email Address:*
Confirm Email:*
Create Password:*
Confirm Password:*
Phone:
(   
 


You Are A:
Individual
 
Intermediary
 

Email Address:
Password:
 
Search BizBen.com

500 New & Refreshed Detailed Postings Daily
Over 2500 Resources Available On BizBen
Since 1994. Where California Deals Get Done!
Buying A California Beauty Salon - Making Your Bank Account Look Beautif...
Read More News
Tips For Faster SBA Loan Approvals For California Small Business Purchas...
Read More News