Profitable Full Service Hair/Nail Salon-Olney, MD

Olney, MD
Montgomery County

Asking Price: Annual Revenue:
$140,000 $343,982

Services: Hair, Nails, Spas, Tanning

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RE: Profitable Full Service Hair/Nail Salon-Olney, MD Broker: Mike Konstantopoulos

Quick Facts

Asking Price: $140,000
Annual Revenue: $343,982
Net Profit: Not Disclosed
Cash Flow: $70,000
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 10
BBN Listing #: 756149765
Broker Reference #: 77441-79668

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Business Overview:

Full Service Hair & Nail Salon recently renovated to unique modern look with added private sections and rooms. 8 Stylist Stations - 3 Shampoo - 2 Pedi - 2 Mani - 3 Seating Color Bar - 1 Private room set up for Massage/Aesthetician Services - Beautiful Reno - 1 owner can stay after purchase. Must see! 1,430 Square Feet- Rent- $5,543.

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Property Features and Assets:

Current owner took over business 3 years ago. Salon has been in location for 17 years.

Market Competition and Expansion:

Recent renovation and added service sections has continued to add sales and profits. Great Staff in place.

Reason for Selling:


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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