Art District Bustling Salon Absentee OwnershipListing: #LA04657
About this Business for sale in CaliforniaArt District Bustling Salon Absentee Ownership
Established Full-Service Salon and Spa located in the heart of Belmont Heights. Priced to move with long term stable income history. Owners able to manage with Semi-Absentee ownership with minimal involvement eight to ten hours a week. Buyer does NOT need to be a stylist in order to own this salon. Six private rooms, 18 stations, all but three stations are occupied with the remaining three stations set up for commission-based stylists. All stylists currently rent a booth monthly and are responsible to supply their own products. Existing stylists are NOT commission based so implementing a commission structure is a huge upside for new owner. Private parking lot with an attached storage garage. 178 reviews with 5 stars on YELP, can’t be wrong. Extraordinary opportunity for passive income or for an active stylist/owner to move their clientele into a prestigious environment. Quality of life, scenic walk to restaurants, beautiful Art District area, heavy drive by traffic, an entrepreneurial victory by the sea.
(310) 539-8300 ext. 130
*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.