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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).
For more information about this business for sale, click the Contact Seller button.
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