Semi Absentee Men's Salon & Barbershop

Business Overview:

This impressive men’s salon and barbershop was acquired by the seller in 2020 who has been in the professional haircare industry for over 20 years. The shop is a premium location and offers premium services for men, families, and women. It’s situated in one of the fastest growing areas in Texas. The growth in the area brings in a steady base of customers each month in addition to 60 – 80 NEW customers each month. The business includes six commission-based services providers and one manager/salon coordinator. Total revenue in 2023 is on target to surpass $400,000. The shop strives to create a top-notch experience for each customer, and this is demonstrated by over 1000 five-star reviews on their Vagaro business page! The shop provides a variety of high-quality services including haircuts, beard services, face shaves, hair color and facial waxing services. All services are customized by their highly trained staff and performed in a laid-back, professional environment. The salon is in a high-traffic strip center, along the main highway near the entrance of a large community, making accessibility and visibility to the location exceptional. The buyer would be investing in location and significant growth potential.

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Property Features and Assets:

Monthly Rent: $4,600.00

Square Units (Foot, Meter): 1,611

Facilities:    7-Chair Upscale barbershop with elegant hardwood furnishings

 

Market Competition and Expansion:

Competition: We provide the best customers service and guest experience. Our Vagaro business page shows that we have over 1000 Five star reviews. We provide the best guest experience of any competitor in the area. New customers typically 50-60 each month.

Expansion: The revenue has grown from essentially nothing (since reopening) to around $30,000 per month. There is so much more room for growth, additional team members, more services, and running multiple shifts. The business is in a fast- growing area with new homes, schools, and businesses being built in the area.

Reason for Selling:

Time needed to grow business.

Additional Details:

Relevant Links:

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