Upscale Boutique Salon in Prestigious Location

Financial Information

  • Asking Price: $98,500
  • Gross Revenue: $106,106
  • Cash Flow: $49,631
  • Down Payment: 0
  • FF&E (Included): N/A
  • Inventory: $5,000
  • Financing: Yes

Business Location

  • Los Angeles
  • West Hollywood
  • California
Primary Business Category: Personal Care Services

Since 2015, this popular, boutique beauty salon has served the affluent Beverly Hills and trendy West Hollywood neighborhoods. The absentee-owned salon specializes in lash extensions and waxing but has the ability to offer additional services. With 5-star reviews online and direct referrals from local 5-star hotels, the salon's full-time staff member is typically booked for the week. The salon is so busy that it can only serve customers with prior appointments. Plenty of demand exists to support the hiring of additional staff and/or the inclusion of an owner-operator. The Seller spared no expense on the salon's sophisticated image as well as on the client experience. The high-end, custom design can be seen throughout the salon's decor, marketing materials, and website. The environment is elegant yet warm and welcoming with treatments being offered in one of the two private rooms. The professionally done branding was intended to be leveraged into different growth opportunities such as franchising and retailing the salon's own product line. The groundwork has been laid for the right buyer to step in and realize the potential of this trademarked brand.

Growth / Expansion overview

In no particular order, here are possibilities for growth: 1) Recruit and hire quality staff; 2) Expand the menu of services to include nails, facials, massage, makeup, etc; 3) Offer 'in room' services in the nearby 5 star hotels; 4) Open up new locations with the same concept or start to franchise; 5) Create salon branded product line (eg candles, lip balm, etc); 6) Start online advertising campaign; 7) Partner with other local businesses for cross-promotion.

Support / Training Comments

Seller will provide on-site training for 1 week, up to 40 hours; and 1 week of phone/skype consultation, up to 20 hours.

Financing Comments

Please note the Cash Flow is based on an owner/operator but that the existing full-time staff member is happy to stay. Seller financing and training available. Potential E2 visa.

Reason For Sale
Seller relocated out of the country.
  • Home Based: No
  • Year Established: 2015
  • Franchise: No
  • Year Acquired: 2014
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Fulltime Employees: 1
  • Part time Employees: 1
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 560 sq ft
  • Monthly Rent: $2,507

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.