Business For Sale

Strong Cashflow Salon & Men’s Stylist Shop

Dallas County, TX
Dallas County

Asking Price: Annual Revenue:
$120,000 $165,970

Services: Hair, Nails, Spas, Tanning

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RE: Strong Cashflow Salon & Men’s Stylist Shop Broker: Richard Gadberry

Quick Facts

Asking Price: $120,000
Annual Revenue: $165,970
Net Profit: Not Disclosed
Cash Flow: $67,072
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 16
BBN Listing #: 29474955
Broker Reference #: 6001-12520

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Business Overview:

Nice, well established ethnic hair salon for both men and women in the new development of N. Dallas for sale. The seller rents out the salon booths, rooms and Men's stylist spaces to stylist by the week at rates of up to $225 per week. Salon grosses over $14,000 per month in rent from the stylists. Seller wishes to remain a tenant renting their space from the buyer and running the business from the space as they have for the past 17 years. Seller will even manage the business for the buyer at compensation to be determined. With the seller willing to stay on to manage the business, this could be a great absentee-owned business for the enterprising new owner. Also seller financing available to qualified buyers.

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Property Features and Assets:

Recently updated 4,084 square foot of space in a great location. A major N. Dallas development is right across the street from this business. Long term lease of 4 years remaining with a 5 year option assures access to location and clientele. Seller is currently updating bathrooms in the recently updated space, featuring wood flooring and updated bathrooms. Assets=$72,500

Market Competition and Expansion:

Business is located adjacent to a new development referred to as as Mid Town which promises new retail construction and outlets including shopping, dining and lodging accommodations which are expected to drive additional traffic into the area.

Reason for Selling:

Seller wishes to simplify her life style.

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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