THRIVING, Profitable, Full ServiceSalon & Spa

Business Overview:

Cash Flowing Salon & Spa with Long Term Leases!!!!

KEY FINANCIAL & BUSINESS INFORMATION (2024)
Location: HIGH TRAFFIC STREETS
Area: Highly sought after SW DC & Potomac, MD Locations
Average Net Margins: 19.16%+/-.
Sales: $ 1.080,000.00 (approx.)
Cash Flow: $207,000.00
Payment terms: 90 % (Credit/Debit Cards) | 10% (Cash)
Size: 1,450 SF & 1,510 SF
Lease terms: Long term.
Inventory: $ 25,000.00 (approx.) 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 with strong growth potentials
Hours of operation: SUN-WED: 09.00 AM-5.00PM, THU-SAT: 11.00 AM-5.00 PM, Mondays (Off)

2025 YTD PERFORMANCE
Business is steadily growing in 2025 and lookig for a promising year and beyond.

Reason for Sale: Retirement

This well reputed business located in Top Notch Washington, DC, and Potomac, MD areas present a unique opportunity to acquire a long-established upscale salon specializing in a high-quality experience catering to a diverse customer base. The business operates as a full-service salon & spa, offering cuts, coloring, hair treatments, facial and nail care services, hair and beauty products, and more. Registering strong sales and profit growth trends yoy. This is due to local, repeat business, successful good client relationships that is also bringing in a constant flow of new clients, and efficient systems implemented by the current owner. Needless to mention, the company’s stylists are highly experienced, and customers are matched with a stylist based on their needs. The unique combination of high-quality results, a luxurious experience, and a family-like atmosphere keeps customers coming back.

A perfect match for the right buyer who is committed and willing to put the time and devotion in that to take it to the next level. There are greater possibilities to enhancing the clientele. The salon gets new clients daily because it has a long standing excellent reputation and fabulousness.

The business is an upscale salon gracing with stylist chairs, wood cabinets and light adjusting mirrors. There are shampoo and makeup stations and also have a set up for waxing at one of the stations. They have dryer chairs and color processors. Nice front desk areas, along with waiting chairs, wood cabinets at stations, retail shelving, color bar, large hot water heater, break room containing microwave and fridge.

Each client is charged a minimum of $80- $300 depending upon the service and the urgency of the services needed.

INDUSTRY MARKET RESEARCH SUGGESTS
According to industry data, sales for the US hair care services industry are forecast to grow at a 9.62% compounded annual rate from 2024 to 2029, faster than the growth of the overall economy. This consumer demand, combined with significant growth in the service area, positions this business for continued success for years to come.

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 the serious buyer. 95% of business is with the local neighborhoods.

Proof of funds is required (Upfront).

For more information, please contact:

Aamer Chaudhary - President/CEO
Transworld Business Advisors, Downtown Washington DC & Annapolis, MD at;
Cell: 202 509 3739 / 703 4570362 or Office 202 461 2204 or by email Achaudhary@tworld.com.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Monthly Rent: $14,000.00

Square Units (Foot, Meter): 3,000

Lease Expiration Date: June 9, 2032, 12:00:00 AM

Terms Options: NNN

Facilities: The business locations are in highly visible and high-traffic (both foot and car) shopping districts. There is ample parking and easy access for customers. The interior facilities are both luxurious and welcoming. All fixtures and equipment in excellent conditions.

FF&E Overview: All kind of excellent FF & E needed for a fantastic spa and hair salon and are included in the sale price.

FF&E General Condition: State of the art and well maintained FF & E good to go for next 10 years.

Market Competition and Expansion:

Competition:

This is the most unique and most beautiful Salon and Spa business in the Areas like no other, hence the direct competition is relatively low! It offers many options in beauty and care! It's all turn-key and ready to go for a hair stylist, a esthetician, manicurist, massage spa, this is a very sophisticated Salon, and you can start making money right-away!

Additonally, what makes this business stand out is the multi-generational presence in the market for almost 29 years, high focus on the customer experience, successful marketing, and tight operational systems/processes.

Expansion:

Going forward, a great growth potential awaits as this location is top notch and hot locations in DC and MD where population is increasing, through residential buildings and commercial offices. To cope with the future growth, sufficient space is available inside that can be maximized for high sales volumes and profitability including adding more hair stylists because there is great demand for high end services in the area, and customers are affluent. Densely populated areas around this business, in terms of increasing residential, commercial buildings, and hotels as well as great influx of tourists visiting from all over the country and globally, throughout the year!

New buyer has a strong potential to further add other services and sell personal care accessories/products to boost sales.

Digital marketing has great potential for Spa businesses in the DC metro area and new buyer can fully capitalize on this opportunity.

Reason for Selling:

Additional Details:

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