Listing Number: 76931-485275
Open since the mid-90s in the same location, this popular, well-known and profitable children’s salon and boutique is still operated by the original owner in the Houston Galleria area. Sales in 2020 were over $343,000 with an SDE of $45,000 but expanding the hours of the salon and adding 1-2 stylists could see that SDE rise significantly. Also, the business currently does little to no advertising, so with the addition of Google Ads and social media advertising and promotions, sales for the boutique could easily begin to outweigh the salon revenue. In fact, adding an online boutique and shopping experience with the name and reputation of the store could see sales skyrocket.
The phone rings off the hook for children’s’ haircut appointments as the salon and its stylists have a stellar reputation. With the majority of revenue currently coming from the salon side of the business, the addition of 1-3 stylists would immediately add significant net income to the bottom line. Rent at this location is reasonable considering the high-end area of Houston where the business is located and with a high-end area comes high-end clientele.
- Price: $ 185,000
- Down Payment: $185,000
- Sellers Discretionary Earnings: $ 45,000
- Total Sales: $ 343,000
- Location: Harris County, Texas
- Inventory: $ 35,000
- FF&E: $ 20,000
- Year Established: 1996
- Reason for Selling: Retirement
- Category: Clothing