Top Beauty Salon-Profitable!

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Business Description

Beautiful salon that does hair styling & coloring for many years. Well established with loyal clientele. Comes with 8 hair stylists, 3 assistant and 2 front desk employees and 16 seating. All hair stylists are on commission basis. Seller can rent chair from new owner at an agreed upon weekly rate. Salon shows very well. Don’t miss it!

About the Business

Year Established:
2010
Number of Employees:
13
Facilities:
1,600 sq/ft salon facility. Total rent: $5,273/mo. Current lease expires on June 1, 2020 with ability to obtain an additional 5 year lease (2025)
Market Outlook/
Competition:
Prime location!
Growth & Expansion:
More advertising & marketing of the business
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About the Sale

Reason For Selling:
Semi-Retirement
Training/Support:
2 weeks
Seller Financing:
SBA Financing Available with 15% down-payment

Listing Info

ID:
1527924
Ad Detail Views:
588
Asking Price:
$199,000

Gross Revenue:
$725,000
Cash Flow:
$120,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Omar Alhariri, CBI

DC Business Broker, Inc.

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U.S. Census Data for Fairfax, Loudoun and Fairfax city Counties, VA
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Fairfax, Loudoun and Fairfax city Counties, VA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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