Listing #: 138-00056
Category: Beauty
  • Listed Price $ 425,000
  • Down Payment $ 0
  • Gross Sales $ 748,721
  • Total Income $ 220,633
  • Equipment/Fixtures$ 10,000
  • General Location San Fernando Valley
For more information contact:
Brian Loring
Office: (818) 973-2755
Cell: (818) 451-7455
Office Website

Multi-Location Threading Salons

Annual cash flows above $200K are available with this multi-location threading salon business. The studios are newly remodeled and finely appointed, in department store-anchored shopping centers. The ancient hair removal technique of eyebrow threading, practiced for centuries in Asia and the Middle East, has become a fast-growing and profitable beauty concept. The business has quickly earned a tremendous reputation as the premier, upscale threading location in this area. The salons are in shopping centers with high traffic counts, great visibility and easy access.   Combined gross revenues are roughly $750K in 2016,  with a Seller's Discretionary Earnings of $220K. All stylists are paid as W-2 hourly employees, with no commissions or rentals. Each location has at least two years remaining on their leases.   The current owner is not a stylist and has no day-to-day presence in the salons. His role is strictly as an off-site manager. It would be clean and easy for a new buyer to take over that role as an absentee owner.

Financial Information

  • Gross Sales:$748,721
  • Total Income: $220,633
  • Listed Price:$425,000
  • Down Payment $0

Financing:

Assets & Lease Information

  • Inventory: $0
  • Leasehold Improvements: $25,000
  • Equipment/ Fixtures: $10,000
  • Base Rent: $0
  • Total Rent: $10,200
  • Rent Deposit: $0
  • Year Established: 2008
  • Square Feet: 3,100
  • Lease Ends: 6/2020
  • Lease Options: None
  • Categories: Beauty
  • Other Assets:

Additional Information

  • Full-Time Employees:6
  • Part-Time Employees: 2
  • Contract Staff: 0
Print This Listing
  • Training Period: Two Weeks 25 Hours
  • Special License Required: Cosmetology
  • Reason for Selling: Other Business Interests

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.