Profitable Hair Salon in Collin County- "Low Overhead"

Listing Number: 52941-841792

Description

Hair Salon in a prestigious Collin County location. Long Established Business since 2010. Loyal customer base and super low overhead. 2022 revenue is projected to reach $180K+.

Favorable Lease (lowest ever seen) where Rent, including NNN, is less than $2K monthly on a 1200 Sq.ft.

Consistent 5 Star ratings in Google & Yelp reviews.

It's in a prime location in a strip center with other fine retail stores.

This area has had significant growth in the last five years and continues to grow.

This is an excellent opportunity for an experienced hair stylist to purchase their own business. The salon is entirely built to the standard and specifications of a Class A Salon, where the seller has invested over $100K, all at an offer for a reasonable selling price which includes all the owner's customers, contracts, furniture, fixtures, & Equipment, including an inventory of branded products (MorocconOil, Igora & Nexus) valued $20K at cost.

Long-term employee to stay with the new owner.

Listing Details

• Price: $130,000
• Down Payment: --
• Sellers Discretionary Earnings: $60,109
• Total Sales: $158,233
• Location: Collin County, Texas


• Inventory: $19,500
• FF&E: $20,000
• Employees: 1
• Reason for Selling: Moving out of State
• Category: Beauty/Personal Care