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Business For Sale

HAIR SALON

Attn: Roy Huffman
Richmond, VA, USA
Listing Number: "9513"
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Asking Price: $225,000 USD USA Dollars
Business for Sale Industry: Services: Hair, Nails, Spas, Tanning  
Reason for Selling: Other interests
Year Established: 2007
# of Employees: 7 Full Time, 2 Part Time
Yearly Revenues: $411,000
Yearly Cash Flow: $83,000
 

Business for Sale Overview:

Hair Salon: This is a full service salon and spa which offers hair care, massage, nail care and waxing services, at extremely competitive salon services rates. This salon and spa was closed for a month last year and completely redone. The salon and Spa has had tremendous response to the changes. She has been able to retire her initial purchase of the salon ($170,000) in 2006 and nearly retire the $80,000 remodel / refurbish loan since taking over the studio. This is a tremendous opportunity for an owner operator to have a net income of over $150,000. The business is situated in a growing retail area north of Richmond. Current stylists enjoy the money making opportunity this salon provides and will help the next owner maintain and grow the customer base.


Property Features and Assets:

Lease Amount: $4,509 per month. Furniture, Fixtures and Equipment: $105,000 Included in asking price. Inventory: $20,000 Included in asking price.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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