Exclusive Full Service Hair Salon

Location: Texas, United States
Category: Services
Type: Established

Financials

Asking Price: $250,000
Cash flow: $140,183
Revenue: $565,857
Gross Income: Not Disclosed
Inventory: $9,000 - Included in the Asking Price
FF&E $25,000 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

This beautiful salon has been recognized by "D" Magazine and WFAA-A List as one of the finest in the area and provides complete hair, nail, and facial services. Located in a new lifestyle community with a high growth population and great demographics. The salon is only three years old with very contemporary styling and the high-end facets of this salon are to numerous to list. The current stylists are currently booked out 3-6 months at a time with plenty of growth opportunity with open stations available. The salon has exclusive distribution rights to some of the finest hair products available. This is an ideal opportunity for an owner/operator but the business could easily be run as semi-absentee.
Facilities: Over 2,200 sq. ft. and only four years old. Beautiful facility with a great location. All equipment is first class with multiple stations available for additional growth. There is a ten year lease in place with 6 years remaining and 5 year options after that.
Competition: Located in an exclusive and well known upscale community. Only minimal competition in the area and the stylists have very loyal followings.
Growth/Expansion: Great growth opportunity with numerous additional work stations already outfitted and available for more stylists.
Support/Training: The owner will provide up to 30 days training and support. The owner would like to stay on as a commissioned stylist after the sale.
Reason Selling: Not enough time to run the business.

General Information

Reason Selling: Not enough time to run the business.

Number of Employees: 11
Year Established: 2006