Location: Virginia
Industry: Beauty & Health
This well-established, award-winning salon has been a community favorite for over two decades, boasting a stellar 4.9-star Google rating, backed by glowing customer reviews. The business has built a reputation for excellence, with a loyal client base that keeps coming back for the exceptional experience and top-tier services. The secret to its enduring success?
- People: Talented, trained professionals who prioritize customer satisfaction at every step.
- Process: Seamless operations that guarantee an unforgettable, relaxing experience while ensuring customers leave feeling their absolute best.
- Place: A luxurious, modern facility with state-of-the-art equipment and an inviting atmosphere, featuring nationally recognized brands that reflect quality and style.
After an incredible 40-year run, the current owner is ready to retire and hand over this thriving business to a new owner who will continue its legacy of success, customer care, and excellence. With solid systems in place and a devoted team, this is a turnkey opportunity for the right buyer to step into a profitable, highly respected operation.
Don’t miss this chance to own a top-performing salon with an unbeatable reputation in a growing market.
Facilities & Real Estate
This business is located in a popular, fully subscribed office condo setting and features an attractive, comfortable, upscale, and welcoming environment. The 2,000-square-foot facility features an inviting reception lobby, modern inventory displays, soft lighting, a high-quality sound system, comfortable, stylish stations, a private executive office, an employee breakroom, and ultra-clean restrooms.
Products & Services
Services include: Haircuts and styles, Hair coloring, Hair treatments, Perms, Pedicures, Manicures, Facial waxing, and more.
In Virginia, it is legal to own a hair and nail salon without holding a cosmetology license. However, any services requiring a cosmetology license must be performed by licensed professionals. Owners without a cosmetology license cannot personally provide these services but are allowed to hire licensed cosmetologists, nail technicians, or other qualified professionals to serve clients. Virginia's Department of Professional and Occupational Regulation (DPOR) mandates that businesses offering cosmetology services adhere to regulations on staffing, sanitation, and safety.
Assets Included in the Sale
- Inventory ($10,000)
- Furniture, Fixtures, & Equipment ($50,000)
- Real Estate, including major facility outfit/significant leasehold improvements ($250,000)
- Customer Data
- Goodwill
Competition
The SE Virginia hair and nail salon market is highly competitive, with salons differentiating themselves through service offerings, quality, technology adoption, and customer experience.
To thrive, salons need to offer more than just basic services—they must build a strong brand, engage effectively with their target market, and stay ahead of industry trends. Those that can deliver unique, high-quality experiences while maintaining competitive pricing are best positioned to succeed in this market. This business is well positioned in that regard and offers growth opportunities for the new ownership.
Growth Potential
Major growth opportunities include:
- Hiring additional hair and nail staff
- Adding additional services (make-up applications, body massages, sauna, etc.)
- Implementing a more aggressive public marketing campaign
- Accepting walk-In customers
Reason for Sale
The owner is retiring after 40 years in the business.
Listing Details
Listing Price: $425,000
Down Payment: $150,000 (Bank Pre-Qualified)
Discretionary Earnings: $136,513
Revenue: $676,782
Total Assets Included: $310,000 (Real Estate, Inventory, FFE)