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Sep 12, 2016 — This stylish, chic and stunningly beautiful West Hollywood hair salon boasts a sterling reputation that goes back 25 years is now being sold as an true Asset Only sale at a blow-out price. It represents the perfect opportunity for an owner operator who is also a technician, or a general manager to own their own location that is already built-out and set-up as a successfully salon, and tailor it to suit their tastes. The salon has a lovely rear patio that completes the comfortable setting of the salon, in a coveted and quaint West Hollywood location.
This 900 square foot salon leases for $2,460 per month on a lease that will have a new term with options to be negotiated in the sale. The salon has 5 stations but has room for several more. All of the business's furniture, fixtures and equipment will be included in the sale; however, it name and goodwill will not be included at this price.
West Hollywood is highly competitive market due to the ideal nature of its residents. This salon is located to cater to a broad client base that is not relegated to any singular market demographic. As such, new owners have the ability to take this opportunity in any number of directions. The salon's quant 'neighborhood' type of location naturally makes it the most desirable and convenient location for the ideal population who reside in its immediate vicinity and can simply walk to their appointments.
As this salon has a relatively low lease rate, when compared to those 'on the Boulevard', on Sunset or in other higher rent locations, new operators may wish to take this opportunity in any number of directions. This may include only slightly modifying the existing salon concept, or implementing any number of new service or retail product offerings or concepts all together.
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