High End Salon and Spa For Sale

Arlington County, VA

High End Salon and Spa For Sale

Asking Price:$699,000

Cash Flow:$323,100

Gross Revenue:$851,000





High End Salon and Spa For Sale

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Business Description

Full service salon located minutes from downtown Washington DC specializing in color and relaxers for all hair types - including keratin treatments. The talented team has years of expertise and stays up to date on the latest coloring and cutting techniques. Spa services offered manicures, pedicures, facials and waxing for both men and women. 8 chairs (3 unoccupied), color bar, 4 shampoo sinks, 2 pedicure stations, 1 facial station, 2 manicure tables.

Detailed Information

Included in asking price
3 FT / 1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The facility is roughly 1631 sq ft and is located in a busy urban-mall type setting with restaurants, shops and movie theater.
There are 2 other competitors located in the same urban-mall area however the business is well established and has many loyal customers who have been coming since opening.
Growth & Expansion:
Two main areas for growth are to fill the 3 unoccupied chairs with hair stylists, increase sales of retail products and start advertising to the thousands of residents within walking distance of the shop.
Lender pre-screened with $175k down.
Support & Training:
Will train for 6 weeks @ no cost. 3 owners run business and service clients. Have all professional Salon and Spa licenses required by state.
Reason for Selling:
Owners want to cash out the investment in the business - want to stay on as empl

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Russell Logan

Business Listed By:
Russell Logan

Murphy Business & Financial Corporation

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Sponsoring Broker:
Murphy Business

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