DC's Premier Salon
- Listing Id: 5208
- Broker Name: Bill Blumberg
- Category: Barber/Beauty Salons
- Asking Price: $1,200,000.00
- EBITDA: $341,843.00
- Real Estate: N/A
- Cash Flow: $341,843.00
- Inventory: N/A
- No. Of Full-Time Employees: 24
- No. Of Part-Time Employees: N/A
- Gross Income: $2,077,636.00
- FF&E: N/A
- Year Built: 1996
- Address: Click Here
- Zip Code: Click Here
- City: Washington
- State: DC
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
This Salon is Washington DC’s premier hair and related services (facials, waxing and nails) spa. The Salon has enjoyed wide visibility on a national level with inclusions in “best of lists” and features in publications, such as Vogue, Elle, Marie Claire, New York Times, Washington Post and Washingtonian. It has been listed as “One of the 100 Hottest Salons in America” for the past six years. The Salon has enjoyed a diverse clientele with celebrity visits from politicians to heads of state to movie stars. Notable clients include George Clooney, Prince, Salma Hayek, Angelina Jolie, Henry Kissinger, John Bolton, Angie Harmon, Stevie Wonder, Mariah Carey, etc. The Salon also performed services for First Lady Laura Bush and her family. Before the owner decided to scale back, the Salon had generated $4-$5 million per year in revenues with over $1M per year to the owner. Although the Salon currently does tremendously well, new, more energetic ownership could easily build it back into the powerhouse it was just a few years ago.
Financial Summary
N/A
No article added by Bill Blumberg.
No news/updates from Bill Blumberg.
