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Businesses For Sale   >>   Washington Businesses For Sale   

Well Known, Upscale Hair Salon Business For Sale

Location  Washington, Dist. of Columbia, United States
Asking Price Range  $250K - $500K
Gross Revenues  $674381
Net Profit / Cash Flow  $112661
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2003
Number of Employees  6 - 9
Inventory  30000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Owner will offer transitional training and support as needed depending on the terms of the sale.
Reason for Sale  Health and moving out of the area.

Description  
Great opportunity to walk into a very profitable, upscale boutique salon located in the quant, desirable, prominent, high income, trendy area of NW DC. The salon has a luxurious and comfortable modern feeling! The Salon has an established staff that have years of experience in the industry and are paid on a commission basis that ranges from 45-53%. The salon has a very strong web presence and extremely loyal clientele base that love the friendly and knowledgeable staff and the atmosphere. The Salon is considered one of the top places to go in the community to get great service at affordable prices and relax with great online reviews. The managing partner has been a stylist and business owner for nearly 15 years and due to health reasons is unable to adequately fulfill the various duties of owning and managing the salon, which has pressured the sale along with a move out of the area. Since he was an active stylists he transitioned all his clients to other stylists on staff and assumed the role of a manager/receptionist. The business has still shown growth year over year and has no signs of slowing down, especially with the continued redevelopment in the area the salon is located. This salon a no brainer for a qualified beauty operator looking to dramatically increase their income or for an entrepreneur looking for a good investment as you can certainly turn this salon with such a great location into a real money maker! This salon has it all, it is in a great location, is poised for continued growth, and success, it just needs a new owner, so don't let this opportunity pass you by! For more information, contact Dustin Zeher at 571-437-5135.


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