Well-Established Beauty Salon in Owings Mills

Not Disclosed, MD
Baltimore County

Asking Price: Annual Revenue:
$50,000 $121,000

Services: Hair, Nails, Spas, Tanning

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RE: Well-Established Beauty Salon in Owings Mills Broker: Valerie Crosby

Quick Facts

Asking Price: $50,000
Annual Revenue: $121,000
Net Profit: Not Disclosed
Cash Flow: $40,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 56551174
Broker Reference #: 76551-923543

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Business Overview:

This owner-operated salon situated in an upscale strip mall in Owings Mills, Maryland opened its doors five years ago May 1, 2015. The owner is selling because the lease ends on November 30, 2020 and the owner is not interested in signing another five-year lease. The landlord offers a “5 & 5” lease. The 1,100 square foot space offers two wash stations, six styling chairs, two manicurist stations, ample storage space, and a receptionist and waiting area. Hours are by appointment and the current owner operates on a cash and check system. The owner is motivated to stay in the business to help with ongoing training and operation, and is willing to pay $350 chair rent fees! This business has an established history of loyal, long-term clients and continues to grow through referrals and word-of-mouth; it is well-known and respected in this community.

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Reason for Selling:

New venture

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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