Experienced Salon Owner Wanted
Not Disclosed, MD Montgomery County
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- RE: Experienced Salon Owner Wanted
- Contact: Mark Irion
Quick Facts
| Asking Price: | $120,000 | |
| Annual Revenue: | $160,189 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $10,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 6 | |
| BBN Listing #: | 992935 | |
| Broker Reference #: | 9525-929356 |
Business Overview:
Experienced Salon Owner wanted for ideal fully built-out location
Seeking Hair and Nail Salon operator that needs the perfect high traffic and beautifully built-out high-end salon in affluent shopping area in Suburban Maryland. This location was taken over by Seller at the request of landlord, but does not fit his Virginia geographic strategy.
Seller has only operated it for a partial year in 2024 and has returned it to profitability, but has not had the time to build it into the highly profitable business it whould be. Seller would prefer to sell it to an experienced salon owner that wants to focus in Maryland.
There are three full time and three part time techs who all operate on a 50% commission basis.
The 3,352 sq.ft. salon is beautifully appointed and includes
* 12 hair stations
* 4 manicure stations
* 3 pedicure chairs
* 2 rrooms for facials, massage and waxing
* 1 additional room to add other services
A ten year lease commenced in June 2024.
Through April of this year sales were approximately $73,200.00
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Market Competition and Expansion:
The Salon is poised for growth as it contains the following:
12 Hair Stations
4 Manicure Stations
3 Pedicure Chairs
2 Massage or Facial Rooms
Large and luxurious lounge
Extra Growth space for adding other services
Reason for Selling:
other interestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Maryland businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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