30-Yr-Old Hair Salon Seeking New Owner-League City

Not Disclosed, TX
Galveston County


Asking Price: Annual Revenue:
$30,000 $50,000

Services: Hair, Nails, Spas, Tanning


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RE: 30-Yr-Old Hair Salon Seeking New Owner-League City Broker: Syed Ali

Quick Facts

Asking Price: $30,000
Annual Revenue: $50,000
Net Profit: Not Disclosed
Cash Flow: $30,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1989
Employees: 1
BBN Listing #: 864244107
Broker Reference #: 76931-573886

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Business Overview:

Up for sale is a full service beauty salon. Currently business operated primarily on an appointment bases. The boutique offers piercings, chemical peels, permanent make up, nail and hair styling service. Current owner as been at location for over 30 years. Space offers salon chairs, shampoo bowls, etc, with huge potential to create a DREAM Salon with minor updating. Business is located on a major road with heavy traffic and excellent visibility from the road. Excellent opportunity for any stylist dreaming of owning their own salon with min. investment and start-up costs.

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Property Features and Assets:

Very busy street and close to 1-45 south, established neighborhood. This Hair salon business has been at this location for last 30 years own by the same owner provide excellent services to her clients.

Market Competition and Expansion:

This hair salon is been in business for last 30 years at the same location. Several hair salons in this area provide similar services but the quality and customer satisfaction of this hair salon is exceptional and have higher google ratings. Potential Growth: Hair salons in the United States generate about $44 billion in revenues each year. From 2012-2017, the industry saw an annual average growth rate of 1.8%. (IBIS World)

Reason for Selling:

Retiring

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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