Upscale Beauty Salon & Day Spa in Frederick, MD

Frederick, MD
Frederick County

Asking Price: Annual Revenue:
$75,000 $1,234,953

Services: Hair, Nails, Spas, Tanning

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RE: Upscale Beauty Salon & Day Spa in Frederick, MD Broker: Jody Bell
Owner Financing is Available!
Available based on the final purchase price and qualifications of the buyer.

Quick Facts

Asking Price: $75,000
Annual Revenue: $1,234,953
Net Profit: Not Disclosed
Cash Flow: $59,283
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 34
BBN Listing #: 598032377
Broker Reference #: HZ396JB

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Business Overview:

Fantastic opportunity to own an upscale salon & spa that has it ALL and is priced for a quick sale! The salon is situated in a great location with a high level of foot traffic. There is a robust existing customer base with stylists in place. Clients enjoy the modern facility in a clean and well-kept environment as well as a quiet day spa lounge while awaiting services. There is ample parking on site as well. The owners are retiring and considering all offers. Seller financing is available to qualified buyers.

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Property Features and Assets:

The salon is located within one of the busiest, upscale shopping centers in Frederick, MD with heavy foot traffic. Base rent is $15,528.43/month with additional $6,302.61 for taxes, insurance, and CAM. The lease expires in June of 2019 with an option to renew. Breakdown of salon stations: Style Stations: 18 Shampoo Bowls: 6 Dryers/Hair Processors: 2 Nail Stations: 6 (room for 2 more, totaling 8) Pedicure Stations: 8 Private Rooms for Massage & Spa Services: 6

Market Competition and Expansion:

Competition: There is standard competition for the industry and market, but not with the ambiance offered at this upscale salon and day spa. The current lease contains an Exclusivity Clause for Hair Salon & Day Spa as well. Growth & Expansion: There is opportunity for additional revenue by increasing hours of operation on Sunday and Monday, as well as add more nail stations and filling up the remaining styling stations with stylists. There is also the potential to relocate to a new location to save on rent overhead.

Reason for Selling:

Owner is retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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