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Boutique Hair Salon near The Heights and Washington Ave.

Listing Number: 76931-963929

Description

Well-established and recently renovated hair salon with over 11 years in operations at the same location. The owner has operated in this highly sought out and desirable location with 3 other employees that were earning payments on a commission-based format. In 2019, the owner decided to undergo a major renovation in the salon, spending close to $125,000. The new layout incorporated a new spa room and a private nail room. As part of this reform, the owner intended to change the format of the operations to a rental model where she intended to rent 4 chairs, 1 spa room, and 1 nail room to various types of beauty specialists. The owner also invested nearly $5,000 in developing an amazing website to promote the business. Unfortunately, COVID-19 came and she couldn’t complete her plans. In addition, personal reasons require her to be in Europe for longer periods of time, so she is looking to sell the salon.

Listing Details

  • Price: $ 100,000
  • Down Payment: $100,000
  • Sellers Discretionary Earnings: $ 61,480
  • Total Sales: $ 114,000
  • Location: Harris County, Texas

  • Inventory: $ 5,000
  • FF&E: $ 65,000
  • Employees: 6
  • Year Established: 2010
  • Reason for Selling: Personal Reasons / Relocation
  • Category: Beauty/Personal Care
Boutique Hair Salon near The Heights and Washington Ave.

Business Listed By:

Katie Holditch
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