Super High-End Beauty Salon-Downtown Washington DC

Washington, DC (District of Columbia County)

Seller Financing Available
Super High-End Beauty Salon-Downtown Washington DC
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Asking Price: $295,000

Cash Flow: $170,000

Gross Revenue: $1,040,000

EBITDA: N/A

FF&E: N/A

Inventory: $150,000

Rent: $20,000 /Month

Established: 1998

Super High-End Beauty Salon-Downtown Washington DC

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Business Description

Extremely unique opportunity to own an ultra high-end unisex salon and spa(just blocks from the White House) in the heart of downtown Washington, DC below market. This salon has been in business for over 30 years and has a Who's Who client roster to include politicians, corporate execs, professional athletes, celebrities and loyal local residents.

This full-service salon boasts over 4,000 sf with a large reception area and 3 floors of work space. Currently has 17 stylists, but has room for 30. Also includes several stations for manicure/pedicure, facials, make-up, eye-brows, shampoo and treatment, bathrooms, storage and 4 private rooms for massage, waxing, weight management, reflexology and skin care. It's prime downtown location lends itself to robust and consistent foot traffic day and night.

The business comes with over $150K in equipment, assets and products.
This opportunity would be great for a new salon owner/investor, an established owner who wants a turn-key downtown location or for a beauty school or hair academy. The rent for the space is $21K/month with the business acquisition or $25K/month without the business purchase. The owner is retiring, but wants to remain on as a stylist and consultant with the new owners. The salon has the ability to generate over $50K/week, the current owner use to do that and more, but no longer markets , advertises or promotes due to health and wanting to enter into retirement.

Seller will finance up to 30% and may consider selling the historic building for an agreeable price.

This private listing is offered with Strict Confidentiality. Qualified buyers interested in additional information must sign an nda and be able to show proof of funds of $125K(USD). No Exceptions.

Please Only Contact Me - If you are interested, a qualified buyer and willing to go through the Strict Pre-Qualification Screening Process.

Qualified international buyers with verifiable proof of funds are welcome.

Attached Documents


Detailed Information

Location:
Washington, DC
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Employees:
15
Facilities:
Historic building in the heart of DC with private rooms for massage, skin care, nails and eye lash extensions.
Financing:
30%
Support & Training:
Staff will remain. Owner will work in salon as stylist and assist with transition
Reason for Selling:
Retiring
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(from currently available funds)
 
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Winston Thomas

Business Listed By:
Winston Thomas

T-GLOBAL GrOUP

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