Hair Salon/Spa w/ & Nail Services- in D.C.

District of Columbia, DC

Seller Financing Available

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Asking Price:$149,000
Gross Revenue:$945,513
Rent:$11,716/Month
Cash Flow:$91,408
Inventory:$50,000
Established Year:2015
BUSINESS DESCRIPTION

Opened in 2015, this salon is one of D.C.'s premier hair, & nail salon. Located near Georgetown in a beautiful upscale setting. 8 Full Time Stylists and 2 Part-Time- additional space for 2-3 more stylists and 1 or 2 more nail technicians other specialties. Located in a prime location with walk in traffic. 2,700 square feet and rent is $11,716. Contact for more details, pictures and for private viewing.


DETAILED INFORMATION
Location
District of Columbia, DC
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,700
Lease Expiration
31/01/2027
Employees
10
Growth & Expansion
Sales are growing to pre-covid levels
Financing
Owner Terms:$50,000.00 Term Months:24
Support & Training
2 weeks
Reason for Selling
Owner moving
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Michael
Konstantopoulos
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Michael Konstantopoulos