Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Modern And Trendy Beauty Bar In Northern Virginia For Sale

Northern Virginia, Virginia
Asking Price:
$125,000 Furniture / Fixtures included
Sales Revenue:
$284,882
Cash Flow:
Available on request

Great opportunity to own a unique beauty bar concept in a popular and growing Northern Virginia market. The business is an express salon that offers the modern woman the opportunity to look and feel beautiful without the fuss, time, and expense of a regular hair salon visit. The staff pampers and provides a luxurious service in an inviting and relaxing atmosphere. The core service is the blowout (wash and style), but additional services include updos, braids, treatments, makeup and tape-in hair extensions. All services come with a complementary glass of champagne which the business is able to provide with their special ABC Day Spa Liquor License. While some clients request specific stylists, most do not. The stylists go through an intensive training that educates them on techniques and styles. This way, every stylist delivers the same results for each style which keeps the clients coming back!

There are 3 tiers of memberships that are win/wins for both the business and its clients. Clients save significant money on blowouts and receive discounts on retail products and other services. The business receives monthly recurring revenue and builds strong relationships with its members. Currently there are approx. 153 memberships which generates about $13k/mo.

The business is in a bustling Northern Virginia location that's very convenient to metro with great street visibility and significant pedestrian and foot traffic. Residents include a large number of young, single, professional women with a high amount of disposable income they like to use to pamper themselves. The salon has been busy since they opened their doors and continues its aggressive growth trajectory that a new owner should continue to see. The owner has another location they are looking to sell (together or individually) so they can retire. Nearly $500k has been invested in each location, come take it over at a fraction of the cost!

More information available upon request, please contact seller below for further details.

Property information

Real Estate:

Lease

Location:

Upscale and elegant salon with a modern design and some traditional elements. There are beautiful and high end touches throughout the space which makes their clients feel like they are getting celebrity treatment. There are 10 stations, 4 shampoo bowls and 1 processor. The 1600 sq ft space is leased for approx. $9500/mo.

Business Operation

Expansion Potential:

There are so many opportunities for growth. The easiest is to hire more stylists to maximize busy days of the week (Friday, Saturday and Sunday). A new owner will want to hire sales-oriented front desk staff who will be able to consistently sell memberships as well as upsell services while making appointments. A new owner should continue marketing and advertising the business, using those outlets to educate women on blowouts and blow dry bars. Creating and implementing a compensation program for the stylists to encourage them to upsell services and sell products to increase revenue and cash flow. With such a great space the business can host social events to increase awareness which will generate more clients and revenue!

Competition / Market:

Limited competition in the area which makes this a very desirable business!

Reasons for selling:

Retirement.

Employees:
12
Years established:
2

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Franchise provides mandatory training. Seller will provide necessary training and support.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Available depending on final purchase price, terms and qualifications of the buyer.

Furniture / Fixtures value:
$36,320 - included in the asking price
Inventory / Stock value:
$5,000

Contact Broker

Contact Information

  1. Optional
  2. Country

  1. Optional

By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.

Selling a business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here