30+YR OLD, Profitable, Full ServiceSalon &Spa in DC & Potomac MD! - Business for Sale
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Full-Service Salon and Spa in DC and Potomac, MD
DC, US
Added 2 months ago
Salon & Spa Services
31 years in business
Retiring Owner
This business is a full-service salon and spa with two locations in Washington, DC and Potomac, MD, offering hair, facial, nail, waxing, and beauty product services to a high-income, local clientele.
Key Information
Asking
$680K
Revenue
$1.1M
Earnings
$207K
Multiple
3.3x
Key Highlights
- Average net margins: 19.16%
- Years established: 31
- Two locations: 1,450 SF and 1,510 SF in SW DC and Potomac, MD
- Inventory of approximately $25,000 included in sale price
- Customer base: well established, high income individuals and families, large commercial and residential buildings
- Payment terms: 90% credit/debit cards, 10% cash
- Full-service salon and spa offering cuts, coloring, hair treatments, facial and nail care, and product sales
- Reason for sale: Retirement
Contact Info
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