Business For Sale

Job Transfer Must Sell-Two Branded Salons

Not Disclosed, VA
Henrico County

Asking Price: Annual Revenue:
$25,000 $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: $25,000
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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