High End Salon for Sale

This beautifully build high end salon was established 13 years ago by owners Yvonne and Atouzo Neihule in the heart of the financial district in downtown Los Angeles. Owners decided to leave the salon industry during the pandemic to concentrate full time on their other business which is a beauty school. The salon was well respected in the downtown commutinity, not just downtown residents but also people who commuted to downtown LA to work everyday. Located 1 block away from Whole foods, half a block from the Biltmore hotel and Caddy corner to Pershing square. it is a located on the corner of Olive street and 6th street, taking up the most visible retail space of the Heron building. The salon is 2 stories with floor to ceiling windows. Great for foot traffic. Will need new staffing. Since the owners own a beauty school they can help with leads for new hires. lease hold improvements, equipment and salon furniture's worth half a million dollars to date. Location: Los Angeles, California Year Established: 2008 Real Estate: Leased Building Sq. Ft.: 3,750 Rent: $11,000.00 Per Month Facilities: all lease hold improvements, equipment and salon furniture's worth half a million dollars Market Outlook/ Competition: no high end salons in over a mile and half.