This is a beauty supply store with a 24-year operating history in a prime Northern Virginia location, 40 minutes away (west) from Washington DC. The business is well-established, and positioned in a shopping plaza anchored by two well-known huge stores, only 3 minutes from highway exit. With consistent annual revenues of $850K–$1M, net income of $190K–$220K, and a loyal customer base built over two decades, this store represents a low-risk acquisition.
● Annual gross revenue: $850K–$1M
● Annual net income: $190K–$220K
● Annual SDE: $210K–$244K
● Monthly revenue: ~$75K–$85K
● Well-organized inventory valued at $300,000
● 5,500 square feet of retail and storage space
● 5 part-time employees (owner included)
● Current monthly rent: $15K (including CAM charges)
● 6 years remaining on lease
● $300K in current inventory
Reason for sale: Owner is planning to relocate.