Owner Financing is Available!
Business Overview:
This popular hair salon, located in a quaint and charming stand alone building on a highly traveled road in NE Harris County has been in the area since 1978. Second generation of clients is still coming to this salon. 3 employees have been here over 14 years, 2 others over 5 years, and 2 have been here 1 ½ years. There are 10 hair stations, 5 hair bowls and 1 waxing room. Men and women alike are on the clientele list of over 1,100. Retail consisting primarily of Redken, Matrix and Biolage is only 4% of sales. Increasing focus here would increase overall revenues substantially. Owner’s styling services accounts for 22% of service revenues and she will transition over to new owner or other staff. The real estate, including a rental home and storage building on .44 acres is also available for $385,000. Rental income brings an additional $48,600 per year income (not included in Gross Revenues shown below).
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
2,750 Square Feet freestanding facility on .44 acre of land
Market Competition and Expansion:
Add 2 more stylists.
Add massage, facial and nail services.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is not willing to train/assist 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.