Established Hair Salon Northwest Houston

Houston, TX
Harris County


Asking Price: Annual Revenue:
$35,000 $100,000

Services: Hair, Nails, Spas, Tanning


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RE: Established Hair Salon Northwest Houston Broker: Rusty Fisher

Quick Facts

Asking Price: $35,000
Annual Revenue: $100,000
Net Profit: Not Disclosed
Cash Flow: $20,000
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 4
BBN Listing #: 717644107
Broker Reference #: 76931-368867

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Business Overview:

Just Reduced

This well established hair salon has operated profitably in the same location in northwest Houston for 20 years. They provide fast, very affordable services to the surrounding neighborhoods. In addition to the seller and his wife, there are 3 stylists who have worked at the salon for more than 15 years. The wife would like to stay on as an employee paying her 40% commission to the new buyer. The salon is listed for $35,000 which includes $12,000 in Leasehold Improvements and $5,000 in Furniture, Fixtures and Equipment. The Seller would like to retire but is willing to stay for 2 weeks to insure a smooth transition. This is a great opportunity to take advantage of pandemic pricing and the landlord’s willingness to negotiate, then ride the recovery.
The seller opened the business about 20 years ago and the surrounding area has grown tremendously around the location. The seller’s wife is one of the stylists and has been there since the opening. Another stylist joined around the opening and has been there nearly 20 years. The remaining 2 stylists joined about 15 years ago. The salon has a loyal customer base that comes to the salon for fast, inexpensive service in a neighborhood setting.

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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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