Business For Sale

Turn Key Upscale Modern Hair Salon

Not Disclosed, TX
Collin County

North Dallas

Asking Price: Annual Revenue:
$60,000 $350,000

Services: Engineering, Architectural Services

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RE: Turn Key Upscale Modern Hair Salon Broker: Emilio Marin

Quick Facts

Asking Price: $60,000
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 3
BBN Listing #: 693719188
Broker Reference #: 000525

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Business Overview:

Prime location full-service hair salon placed in a wealthy city next to a popular mall is available for acquisition. This business was originally established half a decade ago in 2012 by the current owner of the business. Competition is expected for any type of beauty salon, but this business has up-to-date interior designs and provides better quality of services that gives this business an immense competitive edge. Most of the customers are upper-class women that mainly come from the immense traffic from the intersection and the nearby mall as well as the densely populated residential neighborhoods. Net sales average was $330,000/year that has been steadily increasing as more construction is completed in the nearby area and population grows within the city. While no marketing has been done since the inception of this business, proactive marketing tactics needs to be utilized for this business to grow in sales and customer acquisition. There are many ways to proactively market this business such as direct mailing, specials, coupons, social media outlets, hire new staff and expand operation hours. Expanding the operation hours will provide an immediate increase in sales and bring in new customers that only have free time during the current closed operation hours. Various products and services are available at this hair salon that can range from haircuts, hair highlights, hair coloring, extensions, threading, styling and Brazilian blow-outs. This business has everything in place for a potential buyer to be proactively marketing this salon while being fully involved in the day-to-day operations.

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Property Features and Assets:

This business is located in a 1,350 Square Feet retail strip center placed in a popular area that is filled with traffic and near a wealthy mall. All equipment is in impeccable condition and in working order. / Inventory: Not Disclosed.

Market Competition and Expansion:

Competition: Lots of competitors are within the immediate market area, but this business has updated their interior decor for a more modern look and has better quality service than the competition. / Growth and Expansion: No marketing has been done since the establishment of the business, but other proactive marketing methods will help increase the sales of the business.

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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