Hair Studio in the Richmond Area

Houston, TX
Harris County

Asking Price: Annual Revenue:
$95,000 $184,000

Services: Hair, Nails, Spas, Tanning

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RE: Hair Studio in the Richmond Area Broker: Pedro Palacios-Rhode
Owner Financing is Available!

Quick Facts

Asking Price: $95,000
Annual Revenue: $184,000
Net Profit: Not Disclosed
Cash Flow: $113,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 416244107
Broker Reference #: 76931-329580

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Business Overview:

Seller financing available for qualified buyer. Well-established hair salon in Richmond with excellent reputation in the area priced well under standard applicable multiple. Business includes a website with online bookings and product sales capabilities. The business started in 2017 using all brand-new equipment and furniture. Equipment and furniture in excellent condition. 6 hair styling stations and 3 head-washing stations. Plenty room to expand by adding additional stations, new services, renting chairs, etc. Furniture & equipment: $15,000. Leasehold improvements: $69,000.00. Inventory: approximately $7,000. included in sale. 2019 Revenue $184,000. / Discretionary earnings: $113,192. 2018 Revenue $143,000 / Discretionary earnings: $87,000.
Located in a very transited highway (Richmond). Excellent opportunity for a stylist to come in and start generating income from Day 1.

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Reason for Selling:

Other commitments.

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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