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Hair Salon In Collin County- 'Low Overhead'
Not Disclosed, TX
COLLIN County
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| Asking Price: | Annual Revenue: |
| $130,000 | $158,233 |
Services: Hair, Nails, Spas, Tanning
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RE: Hair Salon In Collin County- 'Low Overhead'
Contact: Amir Dawdani
Quick Facts
| Asking Price: | $130,000 | |
| Annual Revenue: | $158,233 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $60,109 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 1 | |
| BBN Listing #: | 537250429 | |
| Broker Reference #: | 52941-841792 |
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Business Overview:
Hair Salon in a prestigious Collin County location. Long Established Business since 2010. Loyal customer base and super low overhead. 2022 revenue is projected to reach $180,000 .
Favorable Lease (lowest ever seen) where Rent, including NNN, is less than $2,000 monthly on a 1,200 Square feet.
Consistent 5 Star ratings in Google & Yelp reviews.
It's in a prime location in a strip center with other fine retail stores.
This area has had significant growth in the last five years and continues to grow.
This is an excellent opportunity for an experienced hair stylist to purchase their own business. The salon is entirely built to the standard and specifications of a Class A Salon, where the seller has invested over $100,000, all at an offer for a reasonable selling price which includes all the owner's customers, contracts, furniture, fixtures, & Equipment, including an inventory of branded products (MorocconOil, Igora & Nexus) valued $20,000 at cost.
Long-term employee to stay with the new owner.
Business established at the end of 2009.
Loyal customer base and consistent 5 Star ratings on Google & Yelp beat the competition.
The current owner has grown the business without a Facebook page or a website. New owners can potentially add social media to get a much larger exposure to nearby communities.
Additionally, bring new talented hairstylists to offer other beauty services, either renting or commissioning, with available hair stations and a facial room.
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Property Features and Assets:
Monthly Rent: $1,950.00 Square Units (Foot, Meter): 1,200 Lease Expiration Date: November 29, 2024, 10:00:00 PM FF&E Overview: Most Furniture and Equipment's inside the Salon has been replaced in the last 3-5 years. Terms Options: 3 years
Market Competition and Expansion:
Loyal customer base and consistent 5 Star ratings on Google & Yelp beat the competition. The current owner has grown the business without a Facebook page or a website. New owners can potentially add social media to get a much larger exposure to nearby communities. Additionally, bring new talented hairstylists to offer other beauty services, either renting or commissioning, with available hair stations and a facial room.
Reason for Selling:
Relocating
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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