Hairdressing Business For Sale in Virginia Beach Virginia

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Profitable And Established Hair Salon In A Great Location!

Location:Virginia Beach, Virginia

Category:Hairdressing

Asking Price:$129,000

  • Sales revenue : $230,000
  • Net profit : $130,000
  • Furniture/Fixtures value : $30,000
  • Inventory/Stock value : $1,000
  • Profitable And Established Hair Salon In A Great Location!

Business description

PRICE REDUCED! Owner will finance an approved buyer with 25% down! Profitable and Established Hair Salon in a Great Location! Here is an incredible opportunity to own a profitable, established, and growing Hair Salon located on one of the main highways in the Virginia Beach area of Hampton Roads. This prime location is home to the highest income earning residents of Virginia Beach. The established storefront location is a local favorite. The strip mall is anchored by a grocery store chain and several long standing service businesses making for a very desirable location with many walk-in business opportunities everyday!

This structured salon has systems in place with automated salon software. The salon is currently operating with a profit every month. The business is ideal for a hairdresser or industry professional with salon experience or a hairdresser with an established client base who has always dreamed of owning a business. Owner will furnish their budget and planning systems for a smooth transition to the new owner. Estimated after tax profit in 2013 was $85k. Estimated after tax profit in 2014 is approximately 130k.

This Salon has an established client base that is loyal to the positive reputation, education standards, and impressive & innovative employees. The business employs loyal and reputable employees with ethical morale.

In this unique salon sale case, the employees do the majority of the work, which will benefit the new owner.

Other Information

  • Franshise Terms: Owner will finance an approved buyer with 25% down or $32,250. And then finance the balance at $1,800 per month over 5 years.
  • Years Established: 2013
  • Employees: 4
  • Support Training: Seller will provide training through the transition period
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