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Businesses For Sale   >>   Hair and Beauty Businesses For Sale

Large Professional Hair Salon And Spa For Sale

Location  Maryland,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1200000
Net Profit / Cash Flow  $220000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1998
Number of Employees  20 - 34
Inventory  20000
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Training  Available
Reason for Sale  Retirement

Description  
Successful with over 30 employees since 1998. Offered at $365K. - Established 1998, profitable every year, with sales over $1.2M - 2012 projected cash flow to exceed $220,000 - Advertising has been negligible despite the growth in sales - A new owner could significantly boost sales with internet advertising (never been done by current owner) - Three managers will stay on and run absentee for new owner - Owner is willing to stay on in a consulting role for a brief period - 70 percent of revenue from hair-related services, the balance coming from nail and skin care and spa-related offerings. - Very little competition in this upscale, full-service market - Located in a very busy Regional Mall with high-end anchors in the Baltimore-Washington corridor


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