Business For Sale

Job Transfer Must Sell-Two Branded Salons

Not Disclosed, VA
Henrico County


Asking Price: Annual Revenue:
$35,000 $270,689

Services: Hair, Nails, Spas, Tanning


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RE: Job Transfer Must Sell-Two Branded Salons Broker: Vernon Suemnicht

Quick Facts

Asking Price: $35,000
Annual Revenue: $270,689
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $40,100
Real Estate: Not Disclosed
Year Established: 2006
Employees: 10
BBN Listing #: 610744695
Broker Reference #: BBN-Rich

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Business Overview:

The two branded hair salons are in Henrico County, VA in high traffic retail centers. Salon #1 opened 12 years ago has steady sales operates with 5 stylists and has 6 stations. The salon is absentee owned and manager operated. Salon #2 opened in 2006 currently has 8 stations and 5 stylists and has shown a steady sales increase the last three year’s this salon is also manager operated. For the 1st Quarter of 2018 this salon had a 3% sales increase. The combined 2017 cash flow for these two salons is $20,800.Their is $10,000 of market money available for these two salons. With the current sales at salon #2 and the potential at salon #1 plus $10,00 in marketing funds this is a great opportunity to get in at a great price.

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Reason for Selling:

Job relocation

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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