Business For Sale Listing 134912
Salon and Day spa
Status as of Dec-1-2008 at 06:03 PM: Active
Business Summary
This is one of the leading hair salons and spas in Los Angeles offering a complete and balanced range of hair cutting, color department, hair styling, extensions, thermal straightening, manicures and pedicure services.
The facility features a spacious salon area on the ground floor. On the beautiful and bright second floor there are 3 massage rooms, a hydro therapy room, and an area for pedicures and manicures. They feature a unique product line which includes; shampoos, crème rinse, conditioners and styling paste.
The salon and spa specializes in the complete "makeover," designed to maximize the true beauty and style of the clients. The staff includes some of the country's finest colorists, hair stylists and make-up artists, many who work on high-profile music videos, fashion shoots and runway shows.
The owner's first salon opened in 1991 in the heart of Beverly Hills and became one of the most recognized hair salons on the West Coast. His clientele comprises a diverse list of individuals including fashion models, Hollywood executives and celebrities from the world of film, television and music.
Revenue for the fiscal year ending 12/31/2007 was $1,178,458 with a three year average owner's adjusted cash flow at $144,953. The purchase price includes a long list of equipment and a beautifully designed and decorated facility. There are $280,800 worth of inventory and equipment included in the sales price. Sales for the first quarter of 2008 are $307, 429 against Q1 sales of $287,122 from 2007, up 7%.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million (1,136,533) |
| Profits: |
Between $100 Thousand and $500 Thousand (135,029) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (475,000) |
