Thriving Upscale Full-Service Hair and Nail Salon

Not Disclosed, MD
Montgomery County

Asking Price: Annual Revenue:
$275,000 $785,000

Services: Hair, Nails, Spas, Tanning

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RE: Thriving Upscale Full-Service Hair and Nail Salon Broker: Mike Hadad
Owner Financing is Available!

Quick Facts

Asking Price: $275,000
Annual Revenue: $785,000
Net Profit: Not Disclosed
Cash Flow: $160,000
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 17
BBN Listing #: 872062968
Broker Reference #: 3112021-326821

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Business Overview:

This gorgeous salon was custom built and originally designed by an award-winning architect. Its doors opened in 2007. Fourteen years and two economic downturns later, the business has a crew of 20 and continues to thrive as one of the area's most popular salons. Through the years the owners have put systems in place to ensure a smooth running and high volume operation with tremendous revenue potential.

Services include hair cutting, shampooing, all types of hair coloring, texture treatments, waxing, manicure, pedicure, eyelash extensions, and facials. The salon also sells products for all types of hair. shampoos, conditioners, masks, nail polish, nail products etc. Seller financing is available for the right buyer. Price includes approximately $24,000 of inventory as well as training and transition services.

Outstanding location near shopping and restaurants, ample free parking, affluent clientele, transferable lease

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Reason for Selling:

More time to spend with family

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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