HAIR STUDIO LOCATED IN ENCINO
Seller:
Attn:
Alexander Neyman
Location:
Encino , CA, USA
Listing Number:
"558"
Overview of the Business:
Location, Location, Location, Established In 1996, By The Current Owner/Operator, This Upscale, Profitable Hair Studio, Located Along Side Ventura Blvd In Encino Is Available For Sale Now.
This 1100 Sf, Private, Boutique Like, Studio With Excellent Reputation And A Huge Free Parking In The Rear. Totally Refurbished In 2007 At The Tune Of 50K. It Consists Of 8 Spacious Stylist Stations With Dark Wood Cabinetry And Huge Mirrors, 2 Rooms For Wax & Facials, Changing Room, 2 Shampoo Stations And Dryers, Separate Room For Washer & Dryer And Tankless Gas.
Currently 5 Out Of 8 Stations Are Being Rented Out To Stylists Who Have Been There For Years And Have Their Own Long Term Clientele, Which Brings In 3,400/Mo At This Point.
The Owner Would Love To Stay On And Rent Out A Station Herself. Plus, There Are 3 More Stations Available For Flat Rent Or Commissions Which Will Bring In Even More Guaranteed Income. It Can Also Generate More Revenue By Providing Medi/Pedi Services And Marketing More Beauty Supply Products.
The Owner Had Implemented Smart Marketing Strategy By Offering A Reward Program, As Well As Coupon Offering Through Ralph's Supermarkets In The Area. Even In Today's State Of Economy The Studio Is Staying Very Busy . The Owner/Operater Herself Generates Annual Gross Income Of 120K (10K/Mo) With The Net Annual Income Of About 80K (6500/Mo).
Additional Details:
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