Listing Number: 76931-368331
This blow dry bar business in Houston is one of the top salon franchises in the country and is a brand that is growing exponentially in the United States and Canada. The brand coined the term “blow dry bar,” which is a salon concept that offers no cuts or color but provides gorgeous blowouts, 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 with a qualified front desk receptionist/supervisor. Any stylists who are promoted to supervisory positions can continue to generate revenue. This location opened in late 2019 and is recovering from COVID and growing well, but due to family circumstances beyond the owner’s control, a lucky buyer will get a like-new blow dry bar in a highly desirable area for about ¼ the cost of opening a brand new location. A buyer will need to continue building the business, but there is a great foundation, solid operations, and marketing support from the franchisor.
The business is situated in a busy and trendy shopping area, and the modern buildout of the salon is trendy and appealing. Any potential buyer could invest in marketing and hiring to see the revenue increase dramatically. A salon this size in the franchise can easily generate well over $500,000 in annual sales. The salon was built and opened in late 2019 and all furniture, fixtures, and equipment are in fantastic condition. The custom millwork alone is worth well over $60,000. Revenues were $213,679 in 2022.
With operations expertise, some additional marketing and hiring, it won’t take long for a buyer to bring this location to profitability. With it’s large population and booming economy, Houston is an ideal market for this brand.
- Price: $ 75,000
- Down Payment: $75,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 213,679
- Location: Harris County, Texas
- Inventory: $ 7,000
- FF&E: $ 75,000
- Employees: 6
- Year Established: 2019
- Reason for Selling: Family Obligations
- Category: Beauty/Personal Care