Listing Number: 76931-326963
Description
An established hair and nail salon situated in a busy area of Central and West Houston is experiencing significant growth potential. The current owner, a master stylist with expertise in hair tinting and coloring, achieved impressive revenues of $102,000 in 2023. With over ten years of operation, this well-loved salon boasts an excellent reputation and a prime location that attracts a steady flow of clients.
The spacious 1,000 sq. ft. salon is leased for $1,500 per month. The owner has carefully maintained detailed client records to ensure personalized service for each customer. The salon has two stylists who are experts in hair and nail treatments and are working as a contractor. This business is an ideal opportunity for beauty enthusiasts looking to expand their portfolio or stylists ready to take the leap into business ownership. Opportunities exist to add more stylists and services to increase revenue.
Revenue highlights include the tips of $104,584 in 2021, $103,400 in 2022, $101,657 in 2023, and $104,267 reported for 2024 (Actual + Projection). Total revenue has reached $104,267 with Seller's Discretionary Earnings (SDE) of $53,667. The asking price is attractively set, making this an outstanding investment opportunity in the hair and nail industry.
Listing Details
- Price: $59,000
- Down Payment: $59,000
- Sellers Discretionary Earnings: $53,667
- Total Sales: $104,267
- Location: Harris County, Texas
- Inventory: $3,000
- FF&E: $16,000
- Employees: 2
- Year Established: 2014
- Reason for Selling: Family Priorities
- Category: Beauty/Personal Care
