Luxury Hair Salon Central DC

Asking Price$299,000

Cash Flow
$244,428
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,866,612

Inventory$35,000
Included in asking price
FF&E$245,064
Included in asking price
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Luxury Hair Salon Central DC


Asking Price$299,000

Cash Flow
$244,428
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,866,612

Inventory$35,000
Included in asking price
FF&E$245,064
Included in asking price

Seller Financing Available
Business Description
Great team of stylists in place and beautiful space in prime location!
Beautifully built-out luxury hair salon in DC's central business district. Highly experienced staff of world-class hair stylists and colorists cater to professionals and residents in the U.S. capital-city. With proximity to offices, including global media companies, law firms, financial firms, non-profits, etc, this salon with great street-frontage is in an absolutely prime location to continue its recovery from pandemic-era restrictions.

With over 12 full time employees, including commission-based hair stylists and colorists, and almost 20 cutting and coloring stations, not to mention manicure/pedicure and waxing/esthetician facilities, this salon has it all!

Features L'Oréal family products.

Perfect for either an owner-stylist or other owner-operator. Call soon to see this turnkey and profitable salon that could be yours for less than cost of building out and developing similar business from scratch! The owner spent hundreds of thousands more building this salon.

Please note that indicated financial info is from just prior to pandemic. Revenue levels are close to fully recovered and this could likely be completed with additional hiring. Please inquire for more details.

Seller financing a possibility which may help a qualified purchaser obtain SBA-guaranteed loan.
About the Business
Years in Operation
19
Number of Employees
15
Website
http://www.tworld.com/agent/erikwoodworth/my-listings/
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,850
Rent
$13,322.45 per month
Lease Expiration
12/31/2027
About the Sale
Seller Motivation
retirement
Transition Support
2 weeks
Financing Options
Owner Financing Terms $99,000.00 Owner Financing Interest 8% Owner Financing Terms Mo
Listing Info
ID
1972222
Listing Views
2519

Contact Seller

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Business Listed by: Erik Woodworth Transworld Business Advisors of Chevy Chase

Listing ID: 1972222 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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