Hair Salon & Spa 2700 sq ft with Extremely Low Rent

Woodbridge, VA (Prince William County)

Seller Financing Available
Hair Salon & Spa 2700 sq ft with Extremely Low Rent

Asking Price:$129,995

Cash Flow:$55,732

Gross Revenue:$391,220

EBITDA:N/A

FF&E:$20,000

Inventory:$6,000*

Established:1996

*not included in asking price.

Hair Salon & Spa 2700 sq ft with Extremely Low Rent

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Business Description

Opportunity to own a very well known Hair Salon & Spa in Prince William County. This Salon & Spa has been established since 1996 but has been serving the community for nearly 25 years in other locations. A lot of the stylists have been working for the Salon for many years and have an extremely loyal clientele base. The seller is currently running the business absentee and yields a cash flow of about $50k/yr, but an owner operator could yield a cash flow of approx $97k/yr. A Huge Selling Point is the seller has negotiated an incredible lease for $4325/mo that is way below market, which makes this a highly desirable Salon & Spa! The friendly and knowledgeable staff and the atmosphere makes this salon a no brainer for a stylist/qualified beauty operator looking to dramatically increase their income or for an entrepreneur looking for a good investment as you can certainly turn this salon with such a great location and lease into a REAL MONEY MAKER. The seller is very motivated to sell and says bring all offers! Don't let this opportunity pass you by and contact us today!

For more information contact Dustin Zeher at 571-437-5135 or via email at dustin@horizonbrokers.com

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The 2700 sq ft facility is leased for a mere $4325/mo, which is way below market, making this a very desirable location. The Salon & Spa is located in a very busy shopping center with major anchors. There is about 3 years remaining on the lease and there may be the ability to gain additional options. There are 11 Hair Stations, 3 Color Stations, 4 Dryers, 4 shampoo bowls, 2 nail stations, 2 pedicure chairs, 2 private rooms for massage/facials, break room, and private office. Mon: 10am-6pm Tue-Thurs: 9am-9pm Fri: 9am-8pm Sat: 9am-5pm Sun: Closed
Competition:
Standard competition for the industry.
Growth & Expansion:
Bringing on additional stylists, nail technicians, estheticians and massage therapists will dramatically increase revenues and profits.
Financing:
Available depending on final purchase price, terms & qualifications of buyer.
Support & Training:
Seller will provide necessary training and support.
Reason for Selling:
After over 25 years in the industry seller wishes to retire.

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Dustin Zeher

Business Listed By:
Dustin Zeher

Horizon Business Brokers, LLC

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