Upscale Hair Salon With Spa And Nail Rooms

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$100,000 $114,000

Services: Hair, Nails, Spas, Tanning


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RE: Upscale Hair Salon With Spa And Nail Rooms Broker: Javier Zorrilla

Quick Facts

Asking Price: $100,000
Annual Revenue: $114,000
Net Profit: Not Disclosed
Cash Flow: $61,480
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 6
BBN Listing #: 919344107
Broker Reference #: 76931-963929

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Business Overview:

Well-established and recently renovated hair salon with over 11 years in operations at the same location. The owner has operated in this highly sought out and desirable location with 3 other employees that were earning payments on a commission-based format. In 2019, the owner decided to undergo a major renovation in the salon, spending close to $125,000. The new layout incorporated a new spa room and a private nail room. As part of this reform, the owner intended to change the format of the operations to a rental model where she intended to rent 4 chairs, 1 spa room, and 1 nail room to various types of beauty specialists. The owner also invested nearly $5,000 in developing an amazing website to promote the business. Unfortunately, COVID-19 came and she couldn’t complete her plans. In addition, personal reasons require her to be in Europe for longer periods of time, so she is looking to sell the salon.

The hair salon’s design is highly influenced by a New York-style that has modern comforts, yet still holds a quality of ingenuity. The owner is a very created stylist and fashionista that is always looking to provide the highest quality service to its customers. This mentality has allowed her to stay in business for 11 years generating consistent profitability. The hair salon has been recognized by several magazines in Houston over the years, which increased clientele and a level of loyalty among its customers. Currently, the salon has 4 stars review in Google with very positive feedback.

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Reason for Selling:

Relocation

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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