Listing Number: 76931-487577
Description
This men's salon and upscale barbershop offers a premium grooming experience, combining classic barbering with modern salon services. With three prime locations, this established brand has built a loyal customer base and a strong reputation for quality and service.
Key Highlights:
• Established Brand: Over 10 years of operation across three locations, with a strong market presence and excellent customer reviews.
• Diverse Services: Comprehensive menu including haircuts, shaves, facials, face and scalp massages, brow waxes and branded grooming products.
• Prime Locations: Strategically located in high-traffic areas, ensuring high visibility and accessibility to attract both walk-in and appointment-based clientele.
• Loyal Customer Base: A solid roster of repeat clients, including clients with various membership packages.
• Experienced Staff: A hand-picked team of highly trained barbers and stylists dedicated to providing top-notch service.
• Modern Ambiance: Stylishly designed interiors that create a welcoming and upscale atmosphere, enhancing the overall customer experience.
• Digital Marketing Competitive Advantage: The brand has invested heavily in this area and boasts a robust web presence, online and app-based booking for guests and members, and results-driven, organic SEO.
• Absentee Operated: The current owner has a full-time job outside the business and spends minimal time overseeing the three salons.
Financial Performance:
• Revenue: Projected annual revenues of nearly $1.4 million, with built-in growth potential given that only 50%-60% of the haircut stations are currently occupied.
• Profit Margins: Strong profit margins due to premium pricing and effective cost management.
This men's salon and upscale barbershop presents an exceptional opportunity for a buyer looking to enter the thriving men’s grooming market.
Listing Details
- Price: $1,400,000
- Down Payment: $1,400,000
- Sellers Discretionary Earnings: $323,807
- Total Sales: $1,383,888
- Location: Harris County, Texas
- Inventory: $12,000
- FF&E: $800,000
- Employees:
- Year Established: 2014
- Reason for Selling: Pursue other investment opportunities
- Category: Beauty/Personal Care
