Business For Sale

Barber Shop/Salon in Up & Coming Inner Loop Area

Houston, TX
Harris County


Asking Price: Annual Revenue:
$150,000 $263,168

Services: Hair, Nails, Spas, Tanning


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RE: Barber Shop/Salon in Up & Coming Inner Loop Area Broker: Chris Adkins

Quick Facts

Asking Price: $150,000
Annual Revenue: $263,168
Net Profit: Not Disclosed
Cash Flow: $93,316
Total Debt: Not Disclosed
FF&E: $51,500
Real Estate: Not Disclosed
Year Established: 2013
Employees: 8
BBN Listing #: 328613260
Broker Reference #: 8119CA

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Business Overview:

This business was built from the ground up in 2013. It has become a local fixture in the community with numerous out reach programs drawing in a large book of repeat customers from the transitioning neighborhood around it. The space is significantly over built and could support twice the current number of barbers and stylists on staff almost immediately after the new owner takes over. There’s an additional opportunity to receive rental income from a flex space behind the shop. Current owner had it leased previously for $1,500 per month. The new owner will have plenty of opportunities to expand revenue and grow the business well beyond the strong base created by the current owners, no barber or stylist experience needed. Please refer to CBB Listing #8119CA

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Property Features and Assets:

4,232 square feet freestanding facility.

Market Competition and Expansion:

Increase advertising. Expand hair products. Change to per hour model for rent space.

Reason for Selling:

Owners need to focus on new venture.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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