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| You have accessed this listing information from the VR National database through: | The participating listing VR Business Broker Office is: |
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VR Business Brokers - Newport Beach, CA 1300 Bristol Street North Suite 230 Newport Beach, CA 92660-2745 (949) 752-9700 www.vrnewport.com ghines@vrnewport.com |
VR Business Brokers - Artesia, CA 17100 Pioneer Boulevard Suite 195 Artesia, CA 90701-5414 (562) 402-2686 x 33 www.bizbizbiz.com vr@BizBizBiz.com |
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Business Listing Details |
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LISTING#: |
H1610: Hair & Beauty Services Salon & Spa Over $500,000 Set-up |
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LOCATION: San Fernando Valley |
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ASKING PRICE $350,000 |
AMOUNT DOWN $350,000 |
REVENUES: $216,000 |
DISCRETIONARY EARNINGS |
TOTAL ASSETS |
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| This beautiful salon/spa offers a HUGE opportunity for an owner/operator. Great location in the heart of the revitalized downtown city-walk type of area. With a $500,000 build-out in January of 2007, this 2,500sqft decadent retreat offers: threading (majorty of business), hair cutting/styling, mani/pedi, skin care, back massage, and much more. Facility build-out includes: 3 private treatment rooms (including "bridal room"), 4 hair stations (and 2 additional hair styling stations), 5 pedi/mani massage chair stations, 3 mani stations, storage room, and break room. Currently has 3 full-time hourly employees: receptionist, threading, nails. And has 3 hair stylists on 50/50 split. Seller works part-time (approx. 15-20hrs/wk) performing management and some receptionist tasks. Business has slowed down due to slacking economy, but is poised to grow with an owner/operator who is ready/willing/able to market the business and ride the economy back up. Seller is looking to focus on other location, closer to her home. |
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| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |