Turnkey Hair Salon For Sale!

Richardson, TX
Dallas County

On Busy Road


Asking Price: Annual Revenue:
$30,500 Not Disclosed

Services: Hair, Nails, Spas, Tanning


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RE: Turnkey Hair Salon For Sale! Broker: Wasim Khan

Quick Facts

Asking Price: $30,500
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: Not Disclosed
BBN Listing #: 558964032
Broker Reference #: 2022-11

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Business Overview:

Opportunity to Own Beautiful Established Hair Salon For LOW Price!

Revenue generated by renting chairs already pays for most of the rent. The owner, a stylist herself, makes around $40,000 from this store. This well-established, very clean, and beautiful hair salon has been primarily engaged in cutting, trimming, shampooing, weaving, coloring, waving, and styling hair. The current owner established this business in 2004. She has built a great reputation for this business and handles customers by appointment only. There are five chairs in this Salon. A couple of chairs are rented. The new owner can change the timings and have the option of starting accepting walkins for generating more revenue. Space offers salon chairs, shampoo bowls, and a private room for waxing. Opportunity to also include nail services. Business is located in an established neighborhood on a major road with heavy traffic. Excellent opportunity for any stylist dreaming of owning their own salon with low investment and start-up costs and/or rent some of the chairs for extra revenue generation. Salon is set for Covid-19 safety guidelines. The current owner has done a fantastic job branding the business and building a great reputation in the local community. The current owner is willing to stay with the business by renting one chair and within the next year or so potentially shifting her clients to the new owner as well.

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Property Features and Assets:

All equipment is in great shape. Business is located on a busy road in an established neighborhood. Rent ranges between $1,850 - $1,950 depending on Electric usage since the landlord takes care of NNN, water and electricity as part of the rent. The store is about 1,200 Square Feet with a small break room, washer dryer, restroom, and a separate area which can be used for massage, nail parlor, waxing etc. Owner spent over $7,000 on installing a brand new floor just about a year ago.

Market Competition and Expansion:

Additional revenues can be generated by active marketing and renting additional empty chairs to other stylists.

Reason for Selling:

Retirement

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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