MergerPlace

Established & Upscale Hair Salon

Fairfax, Virginia (Fairfax)


  • Asking Price: $115,000
  • Gross Income: $596,679
  • Cash Flow: $71,689
  • Real Estate: Not Disclosed
  • Inventory: $9,700
  • FF&E: $38,000
  • Listing ID: #213731
  • Established: 2005
  • Employees: 12

Business Description

Great opportunity to own a high-end hair salon located in a prime Northern Virginia location. The salon has been established for over 15 years and has top notch finishes throughout including custom millwork, Italian-made chairs, and fully reclining shiatsu shampoo bowls. There have been many recent renovations as well, so the space is in mint condition. The salon is situated in a prominent retail space along side other boutiques and surrounding businesses.

The owner and team of stylists have built the salon into a successful business providing many popular hair and skincare services. The salon has an elegant atmosphere and a loyal clientele along with a well-earned reputation that is backed up by many excellent reviews on popular online platforms. There are established systems for growth and management in place making this a true turn-key opportunity.

The owner also owns other locations in a non-competing market and is looking to downsize to focus on operations that are closer to their home. This presents an opportunity for a stylist or entrepreneur who is looking to have their own business without the cost and startup headaches. The seller is happy to stay on to train the next owner and bring them up to speed to ensure their success.


Business Details

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

Company Information

Year Established: 2005
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12

Financial Information

Asking Price: $115,000
Gross Revenue: $596,679
Cash Flow: $71,689
FF&E: $38,000
Inventory: $9,700
Seller Financing Available: No

Property Information

Facilities:

The salon is located in in an established neighborhood shopping center just off a major thoroughfare in Fairfax, VA. The space is outfitted with many high-end finishes and has an upscale and modern feel. Style Stations: 10 Shampoo Bowls: 4, fully reclining shiatsu chairs Dryers/Hair Processors: 2 Nail Stations: 0 Pedicure Stations: 0 (plumbing available for 1 ped chair) Private Rooms for Massage & Spa Services: 1

Growth & expansion opportunities:

There is room for growth and expansion. A new owner might want to consider adding more stylists and services or implementing a local marketing campaign to create awareness with new potential clients.

Competition:

There is standard competition for the industry and market. This salon stands out due to its history in the area and reputation of the business.

Reason for selling:

The seller would like to focus on locations closer to their home.

Support & Training:

The seller will provide necessary training and support.

Contact Business Seller

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Business Listed By:

Dustin Zeher

Horizon Business Brokers, LLC