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Hair Salon

Business Details

Financials

Listing ID: 1384

Asking Price:  $125,000

Listing Title: Hair Salon

Gross Revenue: $381,416

Business Type:  Personal Service

Seller Discretionary

Earnings :         $70,000

Location:  Northern Virginia

Down Payment:  Negotiable
Year Established:  1978

Value of Equipment:  $6,890

Year Acquired:  2005

Inventory: $9,000

    (estimated, not included in sales price)

Employees:  5 Full-time, 3 Part-time

Value of Seller Financing:  Partial Financing Possible

Real Estate: 1,800 square feet

Rent: $2,616

Reason for Sale: Owner would like to pursue other business interests.

Mgmt Training/Support:  Yes, current owner will train new owner

 

 

So much more than a hair salon!

Clients are welcomed into this charming space with a working fireplace, offered a cup of tea and they ease away from their busy world at this restorative place. The clientele at this successful business are consistent repeat customers, who love the salon and the stylists.  Over 4500 tickets were written in 2007; the average ticket was $80.00.

The owner recognizes the importance of highly trained stylists and has attracted some of the best in the business. Photographers and models regularly seek out the stylists at this salon for high fashion photo shoot styling. This salon offers an unsurpassed level of customer service and individual attention for each client. 

The owner has invested in new equipment for the salon, as well as completely updated decor. Salon features 7 styling stations, 3 shampoo stations, beautiful product displays, a private nail room, and a private makeup room.  Located very near a major thoroughfare in a very high-income community, the salon is a quiet and private respite.

Owner believes there is still much room for growth through increased marketing and referrals from happy customers. Ideal buyer would be someone currently in the beauty industry.

 

 

 

Richard Stopa of Bay Business Brokers welcomes your inquiries about this business, or other businesses we have listed for sale. Our goal is to match a well-qualified buyer with the right business.

To learn more about this business, please download, complete and sign the Confidentiality Agreement and Confidential Purchaser Profile and fax (703.935.4764) or mail to our office.

Bay Business Brokers - Confidentiality Agreement Download Confidentiality Agreement (PDF)

Bay Business Brokers - Purchaser Profile Download Confidential Purchaser Profile (PDF)

Bay Business Brokers - Purchaser Profile Download Printable Business Profile (PDF)

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Questions? Comments? Need more information? Please contact our office at 703.476.3996 or info@BayBusinessBrokers.com.

We look forward to hearing from you and working together.

 

Disclaimer: The information contained in this Profile has been supplied by the seller.  Bay Business Advisors, L.L.C. dba Bay Business Brokers has not audited or otherwise confirmed this information and makes no representations, expressed or implied, as to its accuracy or completeness or the conclusions to be drawn and shall in no way be responsible for the content, accuracy, and truthfulness of such information.  Please be advised the term “Business for Sale”, in  all variations, refers to the sale of the assets of the business, and is not to be interpeted as the  sale of the stock of the business.

January, 2007

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