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Virginia Business For Sale |
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| ESTABLISHED, FULL SERVICE HAIR SALON |
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| Attn: Jan Lawrence |
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| Richmond, VA, USA |
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| Asking Price: |
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$75,000 USD USA Dollars |
| Business for Sale Industry: |
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Services: Hair, Nails, Spas, Tanning |
| Reason for Selling: |
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Lifestyle goals of the owners have changed since |
| Year Established: |
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2002 |
| # of Employees: |
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8 |
| Yearly Revenues: |
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$266,000 |
| Yearly Cash Flow: |
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$1,000 per month in 2008 |
| Monthly Payroll: |
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$12,000 |
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Business for Sale Overview:
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Established hair salon in a high traffic location on busiest street in Richmond’s West End. Fully staffed with talented stylists and manager. Large and loyal customer base. Primed for growth.
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Property Features and Assets:
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Beautiful, well maintained facility and equipment with 10 styling stations. The end unit of a strip center, the salon has great visibility (front and side) and signage facing the busiest street in the Far West End of Richmond. Ample interior retail space and waiting areas, along with the end location at the strip center make it an esthetically pleasant place to be for guests and staff. |
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Market Competition and Expansion:
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This salon’s reputation for great service at moderate prices has become an effective defense from the low price “chop shops” that are in the market. The steady improvement in the quality of the staff has lead to steady gains in revenue, customer count and bottom-line financial results. These results over the last year have demonstrated the unrealized potential of this business and have it primed to move to the next level. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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