Listing Number: 76931-540044
This blow dry bar business is one the top salon franchises available in the country, and it is a brand that is growing exponentially with locations all across the country and in Canada. The brand coined the term “blow dry bar,” which is a salon concept that offers no cuts or color but provides gorgeous blow outs, custom styling, updos, bridal styling, makeup services and even hair extensions. The stylists are paid hourly vs. a commission-based system, and at a successful location, licensed stylists can make up to $28-30 an hour. With some owner involvement, there is no need for full-time management, but the business does benefit and grow with a qualified front desk receptionist/supervisor. Any stylists who are promoted to supervisory positions can continue to generate revenue. Sales in 2021 were right at $150,000, so it won’t be a “starting from scratch” for a new owner. A buyer will need to build the business of course, but there is a good foundation and excellent support for growth.
At a $55,000 price tag, any buyer could get this stunning business in its perfect location for approximately ¼ of what it costs to open a brand-new franchise of this blow dry bar. The business is situated in a busy, high-end strip in a premium Dallas location, and any potential buyer could invest in marketing and hiring to see the revenue increase by 3 to 5 times depending on how many stylists and makeup artists are hired and also by including additional services like hair extensions. A salon this size in the franchise can generate $300,000-500,000 annually. The salon was built out in 2015, and all furniture, fixtures and equipment are in excellent condition, and the custom millwork alone is worth well over $60,000.
- Price: $ 55,000
- Down Payment: $55,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 150,000
- Location: Dallas County, Texas
- Inventory: $ 1,500
- FF&E: $ 50,000
- Employees: 4
- Year Established: 2015
- Reason for Selling: Other Opportunities
- Category: Beauty/Personal Care