222457_BK Stylish Beauty Salon

Not Disclosed, VA
Richmond County

Asking Price: Annual Revenue:
$35,000 $315,000

Services: Hair, Nails, Spas, Tanning

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RE: 222457_BK Stylish Beauty Salon Broker: Bill Kelly

Quick Facts

Asking Price: $35,000
Annual Revenue: $315,000
Net Profit: Not Disclosed
Cash Flow: $69,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 3
BBN Listing #: 323343891
Broker Reference #: 9525-222457

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Business Overview:

5-year old successful Beauty Salon located in a busy shopping center within a densely populated neighborhood.

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Property Features and Assets:

This unique beauty salon was opened five years ago when the owners came here from the Dominican Republic. They worked in a shop in Richmond for a while and were so successful they decided to open their own shop. They established loyal clientele and at had 5 technicians working. An unfortunate accident caused the shop to close for 3-months. Now the salon has been completely remodeled and the owner is in the process of rebuilding the client list and attracting new technicians.

Market Competition and Expansion:

It is a great location, in a busy shopping center between a popular area restaurant and a busy women's clothing store. The salon is well decorated and very clean. Owner has never advertised except on social media. The neighborhood is densely populated and advertising to the local area would improve traffic.

Reason for Selling:

Other business interests.

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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