Business For Sale

Services: Hair, Nails, Spas, Tanning


Modern & Trendy Beauty Bar in Northern Virginia

Fairfax, VA

Asking Price: Annual Revenue:
$134,995 $284,882

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RE: Modern & Trendy Beauty Bar in Northern Virginia Broker: Dustin Zeher Horizon Business Brokers, LLC
Owner Financing is Available!
Available depending on final purchase price, terms and qualifications of the buyer.

Quick Facts

Asking Price: $134,995
Annual Revenue: $284,882
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $36,320
Real Estate: Not Disclosed
Year Established: 2015
Employees: 12
Listing Number: 751932377

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Business Overview:

Great opportunity to own a unique beauty bar concept in Northern Virginia in a popular and growing market. The business is an express salon that offers the modern woman the opportunity to look and feel beautiful without the fuss, time, and expense commonly associated with regular hair salon visit. The staff pampers and provides a luxurious service in an inviting and relaxing atmosphere. The core service is the blowout (wash and style), but additional services include updos, braids, treatments, makeup and tape-in hair extensions.

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Property Features and Assets:

Upscale and elegant salon with a modern design and some traditional elements. There are beautiful and high end touches throughout the space which makes their clients feel like they are getting celebrity treatment. There are 10 stations, 4 shampoo bowls and 1 processor. The 1600 sq ft space is leased for approx. $9500/mo.

Market Competition and Expansion:

Competition: Limited competition in the area which makes this a very desirable business! Growth & Expansion: There are so many opportunities for growth. The easiest is to hire more stylists to maximize busy days of the week (Friday, Saturday and Sunday). A new owner will want to hire sales-oriented front desk staff who will be able to consistently sell memberships as well as upsell services while making appointments. A new owner should continue marketing and advertising the business, using those outlets to educate women on blowouts and blow dry bars. Creating and implementing a compensation program for the stylists to encourage them to upsell services and sell products to increase revenue and cash flow. With such a great space the business can host social events to increase awareness which will generate more clients and revenue!

Reason for Selling:

Retirement.

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 a franchise resale opportunity.

Resources:

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