Experienced Salon Owner wanted for ideal fully built-out location

Asking Price$120,000

Cash Flow
$10,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$160,189

Inventory$11,000
Included in asking price
FF&E$55,000
Included in asking price
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Experienced Salon Owner wanted for ideal fully built-out location


Asking Price$120,000

Cash Flow
$10,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$160,189

Inventory$11,000
Included in asking price
FF&E$55,000
Included in asking price

Seller Financing Available
Business Description
Seeking Hair and Nail Salon operator that needs the perfect high traffic and beautifully built-out high-end salon in affluent shopping area in Suburban Maryland. This location was taken over by Seller at the request of landlord, but does not fit his Virginia geographic strategy.

Seller has only operated it for a partial year in 2024 and has returned it to profitability, but has not had the time to build it into the highly profitable business it whould be. Seller would prefer to sell it to an experienced salon owner that wants to focus in Maryland.

There are three full time and three part time techs who all operate on a 50% commission basis.

The 3,352 sq.ft. salon is beautifully appointed and includes
* 12 hair stations
* 4 manicure stations
* 3 pedicure chairs
* 2 rrooms for facials, massage and waxing
* 1 additional room to add other services

A ten year lease commenced in June 2024.

Through April of this year sales were approximately $73,200.00
About the Business
Employees
6
Opportunities for Growth
The Salon is poised for growth as it contains the following:
12 Hair Stations
4 Manicure Stations
3 Pedicure Chairs
2 Massage or Facial Rooms
Large and luxurious lounge
Extra Growth space for adding other services
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,352
Rent
Not Disclosed
Lease Expiration
6/19/2034
About the Sale
Seller Motivation
Focus on businesses outside of Maryland
Transition Support
2 weeks
Financing Options
Owner Financing Amount $20,000.00 Owner Financing Interest 6.5% Owner Financing Terms
Listing Info
ID
2377687
Listing Views
443

Contact Seller

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Business Listed by: Mark Irion Transworld Business Advisors - RVA

Listing ID: 2377687 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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