Hair Salon With Day Spa

Location: United States -> Dist. of Columbia -> Washington
Industry: Hair and Beauty > Beauty Salons and Barber Shops

Businesses for sale Summary

HAIR SALON With Day Spa for sale. This brand new salon and day spa opened 4th quarter 2007. They are a very profitable and well run operation serving a newly developing area in Northern Virginia. It has a dominant location in this new shopping. They are a full service salon and spa with offerings in each of these categories: Hair Services, Texture Services, Color Services, Hair and Scalp Treatments, Specialty Facials, Tints for eyebrow, eyelashes, Facial Enhancements – Collagen, Glycollic Peel, Phyto Organic, Microdermabrassion, Make Up Artistry, Permanent Make UP, Massage Treatments, Body Treatments, Waxing Services, Natural Nail Services, Pedicure Services, Artificial Nail Services, Bride and Groom Packages and Spa Packages. Current owner nets over $599,000.

Financials

Asking Price Range:  $500K – $1.0M
Gross Revenues:   $1,748,000
Cash Flow:   $599,000
Cash Flow Type:  EBITDA
Inventory:  $360,000
Seller Financing:  No

About The Business

Year Established:  2007
Number of Employees:  20 – 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Owner will work with the buyer to help in understanding how this operation runs. Process should take no more than 2 months. Any buyer whould have familiarity with this industry. This is a premier, new location in northern virginia doing a large volume of business.
Reason For Selling:  Other interests.