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Asking Price:	$62,000 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	Owner has moved to Fort Worth.
Year Established:	1990
# of Employees:	9 Subc.
Yearly Cash Flow:	$32,320
Yearly Gross Income:	$49,660

Business for Sale Overview:

Totally Owner Absentee! This East Houston hair salon owner designed this salon to provide very low maintenance in both cleaning and operating. Stylists keep their own schedule and pay rent for their space. 7 Full Time stylists pay $125 per week, 2 Part Time stylists pay $40 per day - 1 day per week. All but 2 have been there over 1 year; most nearly 15 years. There are 12 hair stations, 5 shampoo bowls, 8 dryers, 1 manicure station, 1 break room; and one massage room. There is a room for 2 additional manicurists also. Literally no marketing is currently done. This is a great location in a high traffic highly Hispanic area. Please be discreet, employees are not aware the business is for sale. Great business for hair stylist wanting to break out on their own or buyer wanting absentee business.

Property Features and Assets:

1,500 Square Feet facility in strip center.

Market Competition and Expansion:

1. Offer retail. 2. Hire more stylists. 3. Offer other services - facials, massages, tanning. 2 back rooms are available for this. 4. Increase rent on stations - $150 going average; currently only charging $125 per week.

Additional Details:

• The property is leased.
• The owner may be willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.