Trendy and Profitable Houston Salon with Low Overhead

Listing Number: 76931-407000

Description

This successful and profitable salon in Meyerland is in the heart of an affluent area and has so much additional potential. The current owner is a master stylist and has built a beautiful salon that saw revenues just under $300,000 in 2022. This popular salon has been open for three years and the current owner pays $2,761/month for 1,800 sq feet. The trendy aesthetic and convenient location bring in ample clientele (upwards of 10 to 12 walk-ins come by each week), and with nine stations available, this salon is perfect for a current salon owner looking to expand and update or a stylist who’s ready to start a career as a business owner. Total revenue in 2023 was $329,544 with an SDE of $101,858. The asking price is less than a 1X multiple of the 23 SDE and an incredible opportunity for a buyer.

Any buyer could lease the chairs or bring on commission-based stylists. The salon currently has an incredible 5- star rating on Google. The owner also developed a membership program with three different levels, so as the memberships grow, the recurring revenue does as well. There are two massage/esthetician rooms that are ready to be leased out or staffed with commission-based estheticians, lash stylists or similar.

Listing Details

• Price: $90,000
• Down Payment: $90,000
• Sellers Discretionary Earnings: $101,858
• Total Sales: $329,544
• Location: Harris County, Texas


• Inventory: $2,000
• FF&E: $65,000
• Employees: 3
• Year Established: 2019
• Reason for Selling: New opportunity
• Category: Beauty/Personal Care