High End Beauty Salon in Prime Location

Not Disclosed, TX
Dallas County

North Dallas

Asking Price: Annual Revenue:
$239,000 $283,015

Services: Engineering, Architectural Services

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RE: High End Beauty Salon in Prime Location Broker: Stephen Lee

Quick Facts

Asking Price: $239,000
Annual Revenue: $283,015
Net Profit: Not Disclosed
Cash Flow: $57,133
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 8
BBN Listing #: 524419188
Broker Reference #: 000722

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Business Overview:

Prime location full-service beauty salon placed in one-of-the-most wealthy areas in the city is available for acquisition. This business was originally established by the current owner of the business over half a decade ago in 2012. Most the customers are upper-class women that live in the apartment buildings above the numerous high-end retail businesses surrounding this area and the densely populated residential neighborhoods. Net sales average was $250,000/year that has been consistent over the last several years of operation due to the amazing location of the business and online marketing that is done on a regular basis. Although some marketing is in place and the location of the business provides many advantages, other proactive marketing tactics can be fully utilized for this business to generate the most cash flow possible as well as increasing the customer acquisition rate by reaching out to the untapped areas within the city. Competition is expected for this type of business industry, but the competitor within the immediate market area lacks in quality of services and reasonable price points while also being established longer than the competition in the area. There are many ways to proactively market this business such as direct mailing, weekly specials, flyers, online booking, social media outlets and hiring management to manage the operation. The owner of the business currently works as a hair stylist while also managing the business full-time and can easily transfer the tasks to a new manager that can manage the business while the owner fully focuses on marketing the business. This business has everything in place for a potential buyer to proactively market the business while being fully involved in the day-to-day business operation.

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Property Features and Assets:

This business is located in a 3,000 Square Feet mixed-use development that has immense traffic as it's the hub of many high-end retail businesses and the gathering area for many of the residents in the local area. All equipment is in impeccable condition and in working order. / Inventory: $10,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but this business provides higher quality services at an affordable price point while also being established for a longer period of time compared to the competition. Growth and Expansion: Some marketing is in place for this business through online marketing, but other proactive marketing methods needs to be done to allow this business to achieve maximum income potential.

Reason for Selling:

Other Opportunities

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.

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