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TurnKey Salon For Sale

La Crescenta-Montrose, CA

Seller Financing Available

listing image
Asking Price:$350,000
Gross Revenue:$615,497
Rent:$3,280/Month
Established Year:2003
Cash Flow:$185,000
Inventory:$8,000
FF&E:$24,000
Listing ID: 2209922Listing provided by BizBuySell
BUSINESS DESCRIPTION

Beautiful Newly Remodeled upscale Salon in the heart of Montrose.
This salon if fully staffed with 7 commission stylists, 1 Assistant, a Receptionist and a Manager . Has been in business for 20plus years in the special Montrose Shopping Park.

The Salon thrives on its professional Master Stylists and The Energy and Vibe of the place.
Salon has established relationship with the community, 5 Star Review on Yelp with over 350 Reviews, and Incredible word of mouth and referral program.

This is an incredible opportunity for someone who wants to own their own salon or who just wants to invest in a turnkey income producing business. This business has an incredible growth & expansion opportunity.

Current owner will pass all systems and growth strategy to the buyer. Stay on board for smooth transition and provide coaching for 3months to roll out the growth plan.

This is a summit salon, established on a level system based on performance. Stylists level jump when goals are met.

DETAILED INFORMATION
Location
La Crescenta-Montrose, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
950
Lease Expiration
01/01/2029
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Salon with full furnishing, Inventory,Staff, clientele, Business Plan for growth, Client data base, Software and more included in Sale.
Competition
Prime location, business is one of the longest and trendiest that has been in the area. Great reputation, competitive prices, and high quality service.
Growth & Expansion
This business has massive room to grow. With double shifting and extended hours. We are not even at 50% of the true potential.
Financing
opportunity to Finance
Support & Training
3 Months of Coaching, Will stay on for at least 6 months to support, and would like to stay and work in salon as stylist one or two days a week.
Reason for Selling
Owner is moving on to a different Career.
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Mariana Bayramyan
Phone Number
Mariana Bayramyan
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