Established, Profitable Salon with Great Reviews

Listing Number: 76931-358026

Description

PARTIAL SELLER FINANCING AVAILABLE!

Priced to sell fast, this established salon has a great vibe and an impressive 4.9 Stars on Google with over 50 reviews. The current owner has a steady and loyal customer base and has been in the location over five years. The salon is prominently located in the 1960/Willowbrook area, so the accessibility and visibility of the salon are fantastic. The buyer could be a stylist who is ready to take the exciting step into business ownership or possibly the buyer might not be a stylist but is an individual who wants to cultivate and develop a successful salon business with commission-based stylists. The new owner could decide to lease/rent out half or all of the five chairs and therefore wouldn’t have W2 employees but contractors. There is a wide variety of potential scenarios and revenue streams when owning salon. In 2021, total sales were $91,955 and that total doesn’t even include all cash sales. With total expenses being low, SDE is easily $50,000 or more with the owner being the primary source of revenue. While this is primarily an assets sale, it’s important to know that the reputation and location of the salon are both stellar.

Any potential buyer could invest in marketing and hiring to see the revenue increase by 2 to 3 times depending on how many other stylists the buyer chooses to hire as either commission-based employees or stylists who rent a chair. Rent is only $1500 for 1000 sq feet and includes water.

Listing Details

• Price: $ 65,000
• Down Payment: $40,000
• Sellers Discretionary Earnings: $ 50,000
• Total Sales: $ 91,955
• Location: Harris County, Texas


• Inventory: $ 500
• FF&E: $ 15,000
• Employees: 2
• Year Established: 2018
• Reason for Selling: TBD
• Category: Beauty/Personal Care