404 Figueroa St Los Angeles, CA 90071

Nestled on the 4th floor of the iconic Westin Bonaventure Hotel in downtown Los Angeles, this well-established 2,900 sq ft salon offers a unique opportunity to own a profitable business with a strong, loyal clientele built since 1989. Catering directly to guests and residents of the hotel, the salon... features a spacious layout with 14 styling chairs, 4 manicure stations, 3 pedicure chairs, 2 private facial rooms, and a VIP suite for clients desiring a premium, private experience. A dedicated break room serves the salon’s team of five long-term stylists, three full-time and two part-time, ensuring high-quality service and continuity for clients. The lease is attractively priced at $4,000/month, covering utilities and offering a 5-year contract with a 5-year extension option. Each chair rents at $1,000/month, providing steady rental income alongside a consistent flow of customers from the bustling hotel. The landlord is supportive and flexible, though buyers must have good credit. This prime location is ideal for a seasoned professional or investor looking to expand with a reputable, thriving salon in the heart of L.A. Continue reading