Business For Sale Listing 150044
Hair Salon and Day Spa
Status as of Oct-6-2008 at 05:59 PM: Off The Market
Business Summary
Hair Salon and Day Spa
Listing #VA-1738
This well established salon and Medi-Spa has been a staple of the McLean community for over 23 years. The current owners were stylists at the salon for 20 years before purchasing the salon in 2006. The salon offers the followings services: hair, nail, spa, body treatments, massage, waxing, spa packages, bridal packages, clinical treatments, and laser hair removal. This is an excellent opportunity for a salon owner or investor to purchase an established salon in one of the wealthiest areas of the country. With the variety of services and product lines the salon offers it is well positioned for continued growth.
Cash Flow: $235,000+
Support/Training: Both sellers would like to continue to work at the salon and help manage if needed.
Reason Selling: Owners are getting divorced
Gross Sales: $1,492,000
Furniture, Fixture, Equipment and Leasehold Improvement (estimated): Equipment is leased
Inventory: $20,000 Not Included In Price
Asking Price: $750,000
Down Payment: $750,000
Business Established: 1985
Current Ownership: 2 years. Current owners have been with the salon for over 20 years.
Square Footage: 3,200
Lease Expires: 2016
Lease Option: One 5 year option
Current Rent: $9,000/month
Building Type: Office building
Parking: Parking garage and street parking
Employees: 13
Business Hours: Open Tuesday thru Saturday
Categories
| Industry: |
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| Location: |
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| Other: |
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Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million (1,492,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (235,000) |
| Profit Type: |
Cash Flow |
| Asking Price: |
Between $500 Thousand and $1 Million (750,000) |
