Beautiful Salon and Spa in Vienna, VA

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Beautiful Salon & Spa in Vienna, VA

Business Description

SELLER IS HIGHLY MOTIVATED !!! High end, Beautifully decorated Salon and Day Spa, with consistently high revenues. Salon has a large number of repeat customers. Offering a full line of Spa Services including Nails, Hair, & Facials. This is a great opportunity for a stylist with their own clientele, and looking to own their own salon. Seller and his Wife will remain as a Booth Renters which will guarantee that their clients will continue to use the salon, or will leave if the new owner prefers. Truly a Turn Key Operation.

About the Business

Year Established:
1992
Number of Employees:
5 FT
Facilities:
1,900 Square Feet, with total current rent of $5,800 per month, and a lease term till June 2017.
Market Outlook/
Competition:
Standard Salon and Spa competition in the area.
Growth & Expansion:
Bring in additional stylists, along with doing more marketing and advertising.
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About the Sale

Reason For Selling:
Personal
Training/Support:
Seller will give 2 - 4 Weeks of Training/Transition.
Seller Financing:
Negotiable

Listing Info

ID:
1392488
Ad Detail Views:
1074
Asking Price:
$99,900

Gross Revenue:
$613,435
Cash Flow:
$190,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Gary Steven Russell

G. S. Russell Business Brokers and Advis

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