Established Salon over 15 years in Santa Monica/Brentwood Area
About this business for saleEstablished Salon over 15 years in Santa Monica/Brentwood Area
This established salon for over fifteen years, is in the most affluent neighborhood of Los Angeles area of Brentwood, Santa Monica. Over 1,000 Sq Ft. remodeled recently.
There are 10 stations mostly rented. New Owner can have 2 chairs and keep the rest rented, or replace them with his staff. Some of the renters have been there for a long time.
Rent is below market at $6.5 sq ft. long term lease.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.