Blow Dry Bar Business for Sale

Washington, DC (District of Columbia County)

Blow Dry Bar

Asking Price:$320,000

Cash Flow:$121,937

Gross Revenue:$345,000

EBITDA:N/A

FF&E:$250,000

Inventory:$5,600

Established:2013

Blow Dry Bar Business for Sale

Get Financing Save Print Share Valuation Report

Business Description

Blow Dry Bars: The Beauty Industry’s Hottest Affordable Luxury Trend. A luxury beauty business concept with a lot of opportunity for growth. A Specialized salon with cheery interior and a high end feel offering hair and beauty services to busy women on the go as well as for special occasions. Express salons such as Blow Dry Bars cater to rising number of women who want a quick salon service rather than an extended beauty parlor visit.

A recent article in the New York Post also explored this “dry” salon trend, stating that women have become so obsessed with the concept that they are spending upwards of $10,000 a year to look and feel like a celebrity.

Services include: from a dry blow out to the ultimate wash, style and blow dry, brading, hair extension, hair treatments, make up or at home services for an important event.

A quick beauty fix with amazing results. Professional, fun atmosphere and the perfect place to get glam.

Step into an elegant, profitable and easy-to-manage business in the perfect location for a 7-days-a-week business (early morning to late evening) in an upscale desirable community in Washington DC with ideal demographics.

This perfectly designed and functional 1250 sf salon has been successfully conceptualized and operated by owners, with 20+ years of international design and beauty experience. Employees are customer-service oriented,
and they provide a bravura experience in every style that is performed. The current owners are now primarily absentee, as their West-Coast business-line is taking off, yet they continually enjoy strong profit margins from
this (only East Coast) salon. Success of this business is not based on reputation of owner.

Incoming owner can take the business to a higher level by offering manicure & pedicare, skin care treatments, waxing, eyebrow treatments and many other beauty services. Adding these services will sustain the increase in
cash flow.

A signed Non-Disclosure Agreement is required to view Offering Memorandum.

For more information, please contact:

Shary Thur, CCIM | office: 703-879-49600 | cell: 202-359-3469 | sthur@thurassociates.com

Pat Vagonis | office: 703-229-6163 | cell: 240-832-7145 | pvagonis@thurassociates.com

Attached Documents


Detailed Information

Inventory:
Included in asking price
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The 1,250 square foot space is leased for $4k/mo plus common-area maintenance costs of approximately $1,680/mo. The space is fully equipped with 6 hair stations, 2 shampoo stations, a private makeup and dressing room, a lovely bathroom and room for growth. Over $500,000 went into the lavish design and build- out in 2013. Must see to fully envision. 5/ft 10/pt employees.
Growth & Expansion:
By adding local ownership and expanding service offerings, the profit margin will see an immediate increase with little or no ramp- up time.
Support & Training:
Training, the Standard Operating Procedures along with the 9000- name client list and marketing plan come with the business.

Listing Statistics for Premium Members

Ad#:1162910 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Shary Thur

Business Listed By:
Shary Thur

Thur & Associates

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Sport Clips

Franchise Opportunity In DC
Capital Required: $158,300