Top Hair Salon- Absentee Owners- Just Reduced!!!

Arlington, VA (Arlington County)

Top Hair Salon- Absentee Owners- Just Reduced!!!
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Asking Price: $59,000

Cash Flow: $36,000

Gross Revenue: $336,000

EBITDA: N/A

FF&E: $70,000

Inventory: N/A

Established: 2015

Top Hair Salon- Absentee Owners- Just Reduced!!!

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Business Description

A well-established full service hair salon located inside one of the busiest shopping areas in Virginia. Owners are absentee and are busy with their other salons in Maryland. A new owner/operator can make $600k - $700k+ in yearly revenues, if actively involved. Top location & shows well and comes with 12 seats. Don’t miss it!

Detailed Information

Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Total rent: $8,000/mo. Current lease expires on 11/21 with options to renew. 1,152 sq/ft.
Competition:
Prime location!
Growth & Expansion:
Very possible for owner/operator involvement in daily operations.
Support & Training:
2 weeks
Reason for Selling:
Other interests
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(from currently available funds)
 
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Omar Alhariri, CBI

Business Listed By:
Omar Alhariri

DC Business Broker, Inc.

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