MergerPlace

Established & Profitable Hair Salon

Virginia (Fairfax)


  • Asking Price: $55,000
  • Gross Income: $180,145
  • Cash Flow: $37,257
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $20,000
  • Listing ID: #222660
  • Established: 2012
  • Employees: 3

Business Description

Great opportunity to own a well-known and reputable hair salon in Fairfax, VA. The owner and team of dedicated stylists have built the salon into a successful business providing top notch cutting, coloring, styling, massage, and nail services. The salon has a bright and inviting atmosphere with a loyal clientele and enjoys a good reputation in the community. This is well-earned standing is backed up by many excellent reviews on popular online platforms like Google, Yelp, Facebook, and more!

The salon is situated in a prominent setting with good visibility in a retail strip mall that has a new and clean look. The interior space has a warm and welcoming environment where focus on the client is paramount. Several nicely appointed retail displays yield additional revenue from the salon’s array of products. The salon has seen revenue and cash flow growth in each of the past three years making this an ideal acquisition for a stylist looking to have their own operation or for a salon owner looking to expand an existing enterprise.


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Virginia
County: Fairfax

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $55,000
Gross Revenue: $180,145
Cash Flow: $37,257
FF&E: $20,000
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

The salon occupies a 1270 sq ft retail space in a very bright location with good street visibility just off a main thoroughfare in a bustling commercial district surrounded by many other businesses, attractions, and restaurants. The salon furniture and fixtures are in good condition.

Growth & expansion opportunities:

There is ample room to grow and expand the business. A new owner might consider implementing a marketing or advertising campaign to create awareness about the business to the surrounding markets. There is also currently no website so that would be an easy addition to help promote the salon and make it easier to connect with clients.

Competition:

Competition is standard for the industry and market, but this salon has established itself as a top salon in the area that is backed up by excellent reviews and a loyal client base. The salon is situated in a strip mall that is new and clean making it a popular location with a number of nearby complimentary businesses.

Reason for selling:

Owner is moving out of the area.

Support & Training:

Seller will provide necessary training and support.

Contact Business Seller

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Business Listed By:

Jennifer Rhim

Horizon Business Brokers, LLC