Successful, Turn Key Beauty Salon
Leesburg, VA
| Asking Price: | $119,000 |
| Gross Revenue: | $175,000 |
| Rent: | $2,200 |
| FF&E: | $75,000 |
| Cash Flow: | $52,000 |
| Inventory: | $1,500 |
| EBITDA: | $52,000 |
| Established Year: | 2017 |
Listing ID: 2275892Listing provided by BizBuySell
BUSINESS DESCRIPTION
A seven year established, beauty salon located in a great area of Leesburg, VA! 1,600 sq ft of space, rent is excellent at $2,200 per month! The space is a "turn-key" opportunity and it needs NO new work done! It operates with seven stations, with four full-time stylists.
DETAILED INFORMATION
Location
Leesburg, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,600
Lease Expiration
31/12/2026
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Seven stations, five dryers, two shampoo sinks and one waxing station. One private room for facials. Washer and dryer available, two small refrigerators and one microwave. Recently painted and has new lighting fixtures, along with few other new pieces of equipment.
Competition
There are always a few other hair salons in the area. This has been a successful salon for seven years now, with competition in the Leesburg area.
Growth & Expansion
IF the buyer hires one to two more stylists, it can grow well. We expect this new owner to be a stylist him/herself and can bring in new business on top of what's already there.
Financing
The Seller is looking for mostly cash, but would consider some owner financing.
Support & Training
To be determined, the Seller could stay on for at least two weeks, maybe longer if needed. It can be negotiated.
Reason for Selling
Would like to retire soon
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