| Asking Price |
$350,000 | Inventory |
$10,000** |
|---|---|---|---|
| Gross Income |
$1,000,000 | Real Estate |
|
| Cash Flow |
$250,000 | Year Established | 1985 |
| FF&E |
$200,000* | Employees | 6 |
* included in the asking price
** not included in the asking price
An ultra modern premium service salon that caters to all ages in a very nice and friendly atmosphere. Startegically located in very busy part of N.W. which is close to everything! Hours of operation are Tue-Fri 9-7, Mon & Sat 9-5, Sunday: closed. Owner has 3 allocated parking spaces @ $215/mo. Owner spared no expense to make the salon as appealing & chic as possible. He spent over $100k last year in renovations. Owner works in the salon and will happily work for new owner if need be. Owner has working for him: 3 receptionists, 2 assistants, and 1 stylist, so monthly payroll is: $14,320. In addition, he has 15 independant contractos working for him f/t and they rent chairs at $425/wk.Don't miss this very nice opportunity to own a well established & very successfull business.
Facilities: A state of the art salon that is well furnished. It is approximately 3500 sq/ft. Rent: $8,500/mo. and current lease expires in Dec. 2010. The landlord will happily provide a lot longer lease for new tenant (buyer!).
Competition: Prime location in down town area that is constantly busy!
Growth/Expansion: Possible if needed.
Financing: Up to 50% owner financing available
Support/Training: 2 weeks training
Reason Selling: Retirement

Omar Alhariri
703-314-4509
Global Business Brokerage, LLC.
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