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#Business ID: 12207

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Well Known, Established Salon, Motivated Seller, Make Offer!

Business Location: Manassas, Prince William, Virginia, United States

Asking Price: BUSINESS SOLD Revenue: $ 216,397 Cash Flow: $ 58,297

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

Are you a stylist that always wanted your own salon or have great people and management skills, this is the perfect opportunity for you! Established Salon for Sale with a great reputation and loyal clientele base. It has been in its current location for nearly 20 years. It currently has 8 stylist stations, 3 wash bowls, 3 dryers, 1 manicure station, 1 pedicure station, and a waxing room with table. Currently there are 7 stylists with room for more. This salon was recently purchased by the current owner and is doing great, but the current owner owns another salon and has taken an absentee approach when they took over and the business needs a more active owner manager/operator. This Salon is a hidden gem; it really has lots of potential, you just have to use its assets to your advantage! After the current owners purchased the salon they brought in and starting using AVEDA, a high end product line that the clients really like! The sellers are extremely motivated to sell and are open to all reasonable offers.

Property Details

Size:

1800 sq ft

Years Established:

1990

Property Type:

Lease

FF&E:

$ 15,000

Inventory Value:

$ 5,000

Other Business Details

Business Location:

Faces Road

Premise Details:

The 1800 sq ft facility is currently leased for $2,811/mo and is located in an independently owned and managed shopping center. There are 8 stylist stations, 3 wash bowls, 3 dryers, 1 manicure station, 1 pedicure station, and a waxing room with table.

Competition:

There is standard industry competition in the area, but this salon has a great reputation as most of the stylists and staff have been there for quite a long time and developed a very loyal customer base.

Expansion Potential:

Bringing on more stylists and increasing marketing and advertising efforts will increase revenues and profitability.

Business Operation Details

Employees:

10

Support & Training:

Seller will provide necessary training and support.

Miscellaneous Details

Financing Available:

Yes
Available depending on final purchase price, terms and qualifications of buyer.

Reason For Selling:

Seller owns another salon and can\'t run both.

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