Hair Salon In Upscale Neighborhood For Sale
Location Dist. of Columbia,United States
Asking Price Range < $250K
Gross Revenues $288158
Net Profit / Cash Flow $57489
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1970
Number of Employees 6 - 9
Inventory 20000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller is willing to offer necessary training and support.
Reason for Sale Seller is taking over another family business.
Description Are you a stylist that always wanted your own salon or have great people and management skills, this is the perfect opportunity for you! Established Salon for Sale in an Upscale Neighborhood Apartment Building with a great reputation and loyal clientele base. The Salon has 7 stylist stations, 3 wash bowls, 6 dryers, 2 manicure stations, 1 pedicure station, and a waxing room/massage with table. Currently there are 2 stylists (receiving 60% of the services the perform) with room for more. This is a long established salon within the building and the area, only 40% of the revenue comes from actual building tenants as the owner and stylists have developed a great reputation in the community, even achieving the Best of Washington Award in 2012. The seller is extremely motivated to sell and is open to all reasonable offers.
For more information about this opportunity contact Dustin Zeher at 571-437-5135 or via email.
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