Listing Number: 76931-720940
Description
This well-established and profitable salon was first opened in 2014. The salon has a steady and loyal customer base with seven commission-based stylists and four chair rental stylists. The salon is located in a prominent location in the Memorial area, so the accessibility and visibility of the salon are fantastic. Sales in 2023 were $214,525 with an SDE of $29,567 for April through December. Rent in 2023 was $6,163 for 1,500 sq feet in the exclusive Memorial area of Houston. There are eight hair stations, four shampoo stations and three dryer chairs.
When purchasing this business, any new owner would be investing in this established location that still has excellent growth potential. The buyer could be a stylist who is ready to take the exciting step into business ownership or even an investor who wants to cultivate and develop a successful salon business with an established team and solid revenue. There is currently over $30,000 in retail and back bar inventory, including high end hair color.
This gorgeous and pristine salon will find a buyer quickly!
Listing Details
- Price: $65,000
- Down Payment: $65,000
- Sellers Discretionary Earnings: $29,567
- Total Sales: $214,525
- Location: Harris County, Texas
- Inventory: $30,000
- FF&E: $50,000
- Employees: 7
- Year Established: 2014
- Reason for Selling: Other Opportunities
- Category: Beauty/Personal Care
