Cozy Hair Salon - Petworth - Low Rent

Washington, DC

Asking Price: Annual Revenue:
$90,000 $129,000

Services: Hair, Nails, Spas, Tanning

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RE: Cozy Hair Salon - Petworth - Low Rent Broker: Erik Woodworth
Owner Financing is Available!

Quick Facts

Asking Price: $90,000
Annual Revenue: $129,000
Net Profit: Not Disclosed
Cash Flow: $90,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 672149765
Broker Reference #: 77441-927160

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Business Overview:

Hair salon in thriving and funky northwest DC commercial district. Five chairs with additional shampoo and drying stations. Current owner rents out the chairs but would be perfect for an owner-operator looking for a place of their own!

This is in a very popular DC neighborhood in Petworth area; be a part of its renaissance while rent is still low! You can keep the current setup where owner rents out chairs to stylists who have their own clients, or turn into a commission-based salon.

NOTE: the discretionary earnings figure published for this business is an estimate that assumes a stylist is operating full time based on seller's conservative assumptions of what such an owner-stylist could gross. Current owner nets less from the chair rentals only.

Motivated seller - will consider some seller-financing. Bring all offers soon as this could go quick!

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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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