WASHINGTON, District of Columbia
| Asking Price |
$87,000 |
Year Established |
2010 |
|
| Annual Revenue |
$311,424 |
Reason for Selling |
Alternative Success / Retirement |
|
| Annual P/L |
$0 |
Attention |
Walt Wiseman |
|
| Annual Cash Flow |
$105,596 |
Listing Number |
1019612 |
|
| # of Employees |
4 |
Business Category |
Services: Hair, Nails, Spas, Tanning |
|
Business Overview:
Established Washington, DC nail salon with 16 years of operating history, a recurring local customer base, and limited current owner involvement. The business generated more than $300,000 in annual revenue in each of the last three years and produces strong discretionary earnings relative to the asking price.
The sale includes approximately $40,000 in FF&E and $10,000 in inventory. The salon serves approximately 300 customers per month from an established leased location and has experienced staff in place.
This opportunity may be particularly attractive to an owner-operator or industry buyer seeking immediate cash flow at a modest acquisition price. Growth opportunities include stronger digital marketing, customer rebooking, referral programs, online visibility, and reducing the business's reliance on the current owner for new-customer development.
Seller is motivated for an efficient transition.
Property Features and Assets:
<p>Established in 2010, this Washington, DC nail salon has operated from the same location for approximately 16 years. The business has built an established local customer base of approximately 300 customers per month and has maintained annual revenue above $300,000 during each of the last three years.<br> <br></p>
Market Competition and Expansion:
<p>The business operates in a competitive but established local market. The seller estimates approximately four to five direct competitors in the trade area and characterizes competition as moderate. The salon benefits from its long operating history, recurring customer relationships, established location, experienced staff, and existing base of approximately 300 customers per month.<br></p><p>Growth opportunities include expanding digital and social media marketing, strengthening customer rebooking and referral programs, improving online visibility, and increasing utilization of the existing customer base. A new owner could also pursue higher-value services and more systematic customer acquisition. With the current owner working approximately 8–9 hours per week, an engaged owner-operator may have additional opportunity to drive revenue and customer retention.<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity