Established Collin County Salon 2436

Not Disclosed, TX
Collin County

Asking Price: Annual Revenue:
$240,000 $262,788

Services: Hair, Nails, Spas, Tanning

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RE: Established Collin County Salon 2436 Broker: Office Manager

Quick Facts

Asking Price: $240,000
Annual Revenue: $262,788
Net Profit: $110,400
Cash Flow: $110,400
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 2
BBN Listing #: 391832042
Broker Reference #: 2436

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Business Overview:

If you are looking for an established salon located in one of the top areas to live in the United States, then this is the one! Strong financials showing over a quarter million in sales for 2017 and an excess of $110,000 of annual Seller cash flow! Could be a good candidate for SBA financing depending on a buyers experience. Great street retail with visibility off a major thoroughfare in a popular and dense area. Attractive lease in place with ~5 years remaining at a flat rate. Fully equipped facility with several backwash stations, 6 hair stations, reception, private office, break room, and another private room (which could be subleased or utilized for further income for massage, nails, waxing, etc), and much more. High end product and specialty services are offered. Great potential to add more stylists and expand services. This business still has not reached its peak. Seller will stay on for training and support. Call ANA Brokers today for more info.

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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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