Absentee Owner High Volume Hair Salon and Studios

Woodland Hills, CA (Los Angeles County)

Absentee Owner High Volume Hair Salon and Studios

Asking Price: $265,000

Cash Flow: $225,000

Gross Revenue: $225,000

EBITDA: $100,000

FF&E: $0

Inventory: N/A

Established: N/A

Absentee Owner High Volume Hair Salon and Studios

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Business Description

Absentee Owner, High Volume Hair Salon and Studios located in an affluent city in San Fernando Valley. Great visibility, right on the boulevard. No experience is necessary to own and operate this Salon and Studio combination. All stations and Studios are on rental basis. This is a great opportunity for an investor to have over $100K of passive income from a recession proof business. Over $80,000 spent on renovations an FF&E Turnkey operation.

There are over 18 plus renters. Most of the renters have been at the salon for 3 to 5 years. They are all under either one or two year contracts. This is a business model with very few variables. Income and expenses remain the same month after month.

Please contact the broker for more information.

Serious inquiries only. You will be required to show proof of availability of funds and sign a Non-Disclosure Agreement in order to receive information on this business opportunity.

Detailed Information

Woodland Hills, CA
Support & Training:
Seller will train
Reason for Selling:
seller lives far away

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(from currently available funds)
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Sheri Emami

Business Listed By:
Sheri Emami

Elite Salon Sales

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