Profitable and Modern Salon in Meyerland with Low Rent

Listing Number: 76931-407000

Description

This successful and profitable salon in Meyerland is in the heart of an affluent area and has so much additional potential. The current owner is a master stylist and has built a beautiful salon that saw revenues just under $300,000 in 2022. This popular salon has been open for three years and the current owner pays $3,000/month for 1800 sq feet. The trendy aesthetic and convenient location both bring in ample clientele, and with nice stations available, this salon is perfect for a current salon owner looking to expand and update or a stylist who’s ready to start a career as a business owner.

Any buyer could lease the chairs or bring on commission-based stylists. The salon currently has an incredible 5- star rating on Google. The owner also developed a membership program with three different levels, so as the memberships grow, the recurring revenue does as well. There are two massage/esthetician rooms that are ready to be leased out or staffed with commission-based estheticians, lash stylists or similar.

The current rent is $2,760.66 for 1,800 sq ft, and the lease has a five-year option period after the initial expiration in 2024.

Listing Details

• Price: $ 90,000
• Down Payment: $90,000
• Sellers Discretionary Earnings: $ 120,000
• Total Sales: $ 298,000
• Location: Harris County, Texas


• Inventory: $ 2,000
• FF&E: $ 65,000
• Employees: 3
• Year Established: 2019
• Reason for Selling: New opportunity
• Category: Beauty/Personal Care