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Cash Flowing Salon & Spa with Long Term Lease and Low Rent! Do not want to deal with tire-kickers. If you truly interested send appropriate financials or you will not receive a response. Please dont waste our time and we wont waste yours. This is a fantastic opportunity for an experienced buyer. 95% of business is with the local neighborhoods. Established: 2015 Location: High visibility main street with parking available Area: Highly sought after DC Location Average Net Margins: 22 % /-. Sales: $ 600,000.00 (approx.) Cash Flow: $139,800.00 Payment terms: 70 % (Credit/Debit Cards) | 30% (Cash) Size: 1,450 Square Feet Store with low monthly rent of $9,200.00 (NNN). Lease terms: Long term. Inventory: $ 20,000.00 (approximately) is included in the sale price. Majority Customers Type: Well established and high income individuals and families, large commercial and residential buildings Yearly Revenue and Profit Trends: Steadily growing The sale price of $450,000….which is just 3.21 years of NOI! This is a cash cow business. Hours of operation: Sunday - Wednesday: 10.00 AM-6.00PM, Thursday - Saturday: 11.00 AM-5.00 PM This well reputed business located in Newer Washington, DC, area presents a unique opportunity to acquire a long-established upscale salon specializing in a high-quality experience.
Beautifully built-out luxury hair salon in DC's central business district. Highly experienced staff of world-class hair stylists and colorists cater to professionals and residents in the U.S. capital-city. With proximity to offices, including global media companies, law firms, financial firms, non-profits, etc, this salon with great street-frontage is in an absolutely prime location to continue its recovery from pandemic-era restrictions.With over 12 full time employees, including commission-based hair stylists and colorists, and almost 20 cutting and coloring stations, not to mention manicure/pedicure and waxing/esthetician facilities, this salon has it all!Features L'Oreal family products.Perfect for either an owner-stylist or other owner-operator. Call soon to see this turnkey and profitable salon that could be yours for less than cost of building out and developing similar business from scratch! The owner spent hundreds of thousands more building this salon.Please note that indicated financial info is from just prior to pandemic. Revenue levels are close to fully recovered and this could likely be completed with additional hiring. Please inquire for more details.Seller financing a possibility which may help a qualified purchaser obtain SBA-guaranteed loan.
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This unique salon is in a high-traffic area. Semi-absentee owner-stylist on site only two days a week. Excellent employees including a manager. Stations were reduced due to pandemic and salon could be reconfigured to increase capacity. Many loyal clients mean a packed appointment book six months out!Current owner has other obligations, but could stay on part time to help with transition, as requested by buyer.
This salon stayed profitable through 2020 and is trending back up in 2021!- Well-documented profitability: all income listed is reported on tax returns.- Low rent with utilities included.- High-end service and luxury prices/loyal clientele.- Affluent hybrid residential/commercial area.- Garage and street parking available.- Seller will stay for 6 month and collaborate to convert clients to new stylist before retiring.
This is the COVID opportunity you've been looking for! Buy the FF&E and relocate it, or take over this huge, light-filled salon in upscale Georgetown location. Large number of stations and separate areas for cut, color, makeup, wash, even a treatment room, utility room, dressing rooms, etc. Plenty of space for appropriate social distancing between clients. Owner is retiring and ready to hand over database of clients along with the existing salon set-up. Cooperative landlord ready to reassign lease for this high-end, high-visibility location. Bring your offers ASAP - last chance!
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Hair salon in thriving and funky northwest DC commercial district. Five chairs with additional shampoo and drying stations. Current owner rents out the chairs but would be perfect for an owner-operator looking for a place of their own!This is in a very popular DC neighborhood in Petworth area; be a part of its renaissance while rent is still low! You can keep the current setup where owner rents out chairs to stylists who have their own clients, or turn into a commission-based salon.NOTE: the discretionary earnings figure published for this business is an estimate that assumes a stylist is operating full time based on seller's conservative assumptions of what such an owner-stylist could gross. Current owner nets less from the chair rentals only.Motivated seller - will consider some seller-financing. Bring all offers soon as this could go quick!
**Major Price Reduction! Bring Offers!**Rare opportunity to own an ultra high-end DC Salon and Spa with sought-after stylists and premiere clientele. Some seller-financing offered.A veritable who's-who of DC elite turn to the equally well-known stylists at this salon for a full range of services, including cut, color, perm, and the very latest in straightening techniques. The Spa also offers massage, facial, manicure, pedicure and waxing.Well-established long-term lease in place with gorgeous, timeless modern interior design. The spacious and beautifully conceived floorpan needs no changes, but could easily accommodate additional stations or services if a new owner seeks growth.Everything is in place for you to take this top-tier, top-performing salon and put your mark on it.
Washington DC's elites come here to look fabulous. This exclusive hair and beauty salon in Downtown Washington, not far from the White House, Georgetown, Kalorama, Embassy Row, DuPont Circle, 14th Street, Foggy Bottom and many luxury hotels is now available for sale after a recent top-to-bottom remodeling. TV personalities, politicians and international leaders, among others, trust the world-class experts at this salon for their hair styling, color, nails, makeup, waxing and skincare. The salon was fully refurbished with high end equipment about two years ago. All client records, equipment, inventory and staff convey. There is potential to meaningfully grow revenues by hiring more stylists, opening on Sunday and/or Monday, and expanding clientele with more investment in marketing. Long term lease in place.
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African hair and beauty supply retail store. Excellent reputation and inventory. Owner has developed excellent relationships in the DC area community over almost 20 years. If you have a passion for beauty products, fashion and customer service, this is your opportunity to own a profitable, independent business. The right buyer will inherit the goodwill generated by the current owner with her loyal customers. Let her pass on to you the deep knowledge of the products she sells and the vendors she buys them from. Low-cost lease in a fantastic location -- hard to beat in Washington DC!
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