Full Service Hair Salon and Spa in Fairfax-priced to sell

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Heavy traffic area with lots of potential
Asking Price:
$92,000

Gross Revenue:
$360,000
Cash Flow:
$70,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$50,000
included in asking price

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Business Description

Full Service Hair Salon and Spa is available for Sale in Fairfax area. Established for 9 years. Exciting opportunity to walk into a turn-key operation of a beautiful salon and spa in an excellent, location and established customer base. The high-quality built-out of the space provides a tranquil and appealing environment that can support high customer volume. Beautifully decorated salon located in a high traffic avenue within a strip mall located close to a very affluent residential area. Today the salon has 11 hair stylist positions, 1 Eyebrow and 3 shampoo stations, and a nice reception area with amenities for customers to enjoy while they wait for their appointments. Salon also has 2 bathrooms, 1 office, 1 storage area, 1 staff break room, 1 laundry and 1 spa room for waxing. This is a full-service Hair salon, ideal for an absentee owner, or a great opportunity for an owner operator to increase their income by supplementing their practice with the services of other beauty specialists from whom they can collect rent or commission.

Current owner operates only for 6 days in a week and did not spend a lot of time or money on advertisement, so these areas need to be looked at for potential growth.

About the Business

Location:
Fairfax, Virginia
Real Estate:
Leased
Building Sq. Ft.:
1,700
Rent:
$7,650.00 Per Month
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About the Sale

Reason For Selling:
career change
Training/Support:
4 weeks

Listing Info

ID:
1598584
Ad Detail Views:
2174

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Business Listed by

Sunil (Sunny) Joshi

Transworld Business Advisors of Loudoun County VA

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