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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Virginia Businesses For Sale Categories   >>   

Upscale, Profitable Salon With New Equipment

Location  Virginia,United States
Asking Price Range  $250K - $500K
Gross Revenues  $598891
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2005
Number of Employees  10 - 19
Inventory  116461
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Owners will provide appropriate transition period.
Reason for Sale  One owner wants to work in the business, the other owner wishes to pursue other interests.
Description  This upscale salon is one of the most premier salons in the northern Virginia area. It provides guests with professional beauty care from skilled stylists using state of the art products and techniques. Since its inception in 2005, revenue has steadily grown year to year. From 2010-2011, revenue increased by 47 percent, and the owners anticipate an additional increase of 30 percent by the end of 2012 from 2011. The sellers have built a sustainable business enterprise that can be transitioned to a new owner, who can benefit from a loyal customer base (40 percent of all customers have been referred to the salon by friends and/or family members) and experienced employees. The salon is well-known for outstanding customer service and has been recognized among leading area magazines as a top salon. The stylists have experience ranging from 5 to 24 years, and several have obtained prestigious certifications from a leading industry company. Services include hair design, hair color, hair texture, hair styling, makeup application, waxing, and bridal services. Located in a high-volume area along the Route 7 corridor in Northern Virginia. This new and immaculate 2,427 square foot facility has 11 stylist stations and a warm, inviting atmosphere for clients. This business moved from an older location to its current one and now possesses new top of the line equipment. This salon has a new, user-friendly website that provides pertinent information to interested parties. Social media and e-marketing are also used to reach customers electronically to inform them about events and promotions. A customer loyalty program is in place, keeping lines of communication open and offering rewards to its best clients. The salon also advertises in local publications and participates in community and internal events.
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