Upscale Salon and Spa Near Pearland

Listing Number: 76931-924300

Description

An upscale full service salon and spa is up for sale near Pearland, Tx. Pearland is about 30 minutes from Houston, Tx. This area has seen tremendous growth over the years and is continuing to grow. The salon sits in an area surrounded with affluent neighborhoods.
Since opening its doors in December 2011, the community has fully embraced and supported this business. The business has seen tremendous growth over the past 9 years and has built a solid reputation in the area. The owner is proud to hold multiple nextdoor neighborhood favorite awards, with the most recent one in 2019.
Competition is scarce in the area as this is probably the most well-known “full service” salon in the area.
This salon is listed at $275,000 which includes over $40,000 of FF&E and over $15,000 of inventory. Per the financials provided by the seller, sales for the past three years have been over $600,000.00 annually. The seller’s discretionary earnings for the past three years have been well over $100,000.
This is an extraordinary opportunity for a new buyer, experienced or inexperienced, to step in to a super successful salon and continue to make six figures with unlimited potential to grow even more.

****Seller is willing to finance up to 50% of the sales price to a well-qualified buyer****

Listing Details

  • Price: $220,000
  • Down Payment: $110,000
  • Sellers Discretionary Earnings: $141,805
  • Total Sales: $603,923
  • Location: Brazoria County, Texas

  • Inventory: $17,000
  • FF&E: $41,990
  • Employees: 8
  • Year Established: 2011
  • Reason for Selling: Other Interest
  • Category: Beauty/Personal Care
Upscale Salon and Spa Near Pearland

Contact Agent:

Quoc Pham