Beauty & Personal CareEstablished in 1992, this hair salon business has built a loyal customer base in the Richmond area. The business maintains an excellent reputation, reflected in its ratings across the major review platforms. Demand is driven by non-discretionary need, making the business resilient in a range of economic conditions. Financial records are well organized and will support lender due diligence, including SBA financing. Vendor and supplier relationships are long-standing, with favorable terms that a new owner will step into. The brand is well recognized locally, supported by years of consistent signage, vehicle wraps, and community involvement. Day-to-day operations are handled by the team, with the owner focused on oversight and growth. Service offerings have been refined over the years to focus on the most profitable lines of work. What began as a small operation in 1992 has grown steadily through referrals, repeat customers, and a reputation for doing the job right. The team is cross-trained across functions, so operations do not depend on any single employee. A qualified buyer can step into stable cash flow from day one.
Owner is retiring after 34 years in the business.
Operates from a 1,170 sq ft commercial space in a high-visibility location with ample parking.
Competition exists from regional operators, but the company's reputation and tenure provide a durable advantage.
Modeling Profitable Hair Salon Serving Richmond Since 1992 · $288K
Asking price is $288K. Type an offer or drag to model one.
SBA 7(a) acquisition loans typically require ~10% down.
SBA business-acquisition loans are usually 10 years.
A market salary for whoever runs the business day-to-day, subtracted from earnings to show true profit. Set to $0 if you will owner-operate.
Estimates for illustration only, based on the listed SDE and your assumptions. Closing costs are estimated at ~2.5% of price for fees and working capital. Actual loan terms, taxes, and earnings will differ. This is not financial advice. Verify all figures in diligence and consult qualified advisors.
Open the full Deal AnalyzerThe documents below open to qualified buyers in the secure data room after a signed NDA.
Figures are provided by the seller. The platform does not verify or value the business. The implied multiple is simply asking price ÷ cash flow (SDE). Not financial advice; verify independently before any offer.