MergerPlace

Well-Known Hair Salon & Spa

Alexandria, Virginia (Alexandria City)


  • Asking Price: $90,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $50,000
  • Listing ID: #203515
  • Established: 2013
  • Employees: 2

Business Description

Great opportunity to own a well-known salon and spa in Old Town Alexandria. The salon was established in 2013 and is located in a growing part of the city with a nice blend of commercial and residential centers nearby. The business has excellent reviews on platforms like Google, Yelp, Facebook and other popular sites. The salon has good street visibility and sees plenty of drive-by and pedestrian traffic throughout the day offering easy access for clients all over the DC Metro area.

In addition to the main salon space with 4 hair stations, 2 nail stations, and 2 pedicure chairs there are also 3 private rooms making this location ideal for offering additional spa services. The interior has a modern feel and just over 1500 sq ft of spaced leased for a low rate of $2251/month with a new 5-year option available. This is perfect for a stylist with their own clientele or a successful operator ready for another profitable location that’s turnkey with the immediate potential for sustainable cash flow.


Business Details

Primary Business Category: Services - Other Services
Location: Virginia
Metropolitan Area: Alexandria
County: Alexandria City

Company Information

Year Established: 2013
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2

Financial Information

Asking Price: $90,000
FF&E: $50,000
Inventory: $1,000
Seller Financing Available: Yes

Property Information

Facilities:

The salon is located in a quaint corner building in beautiful Old Town Alexandria. 2nd floor with window exposure on two sides for great visibility in a high traffic and very walkable location.

Growth & expansion opportunities:

There are several opportunities for growth and expansion as the owner does limited advertising. A targeted online and broader general marketing campaign could yield results in a short time.

Competition:

Standard competition for the market and industry.

Reason for selling:

Seller wants to pursue other interests.

Support & Training:

Seller will offer necessary training and support.

Contact Business Seller

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Business Listed By:

Alan Horn

Horizon Business Brokers, LLC