Upscale Salon and Spa Near Pearland-New Updates

Pearland, TX
Brazoria County

Asking Price: Annual Revenue:
$175,000 $603,923

Services: Hair, Nails, Spas, Tanning

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RE: Upscale Salon and Spa Near Pearland-New Updates Broker: Quoc Pham
Owner Financing is Available!

Quick Facts

Asking Price: $175,000
Annual Revenue: $603,923
Net Profit: Not Disclosed
Cash Flow: $141,805
Total Debt: Not Disclosed
FF&E: $41,990
Real Estate: Not Disclosed
Year Established: 2011
Employees: 8
BBN Listing #: 360144107
Broker Reference #: 76931-924300

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Business Overview:

***UPDATE- Since the reopening of salons a few months ago, this salon has bounced back quite nicely. The previous three months which includes August, September and October have seen an average of over $45,000+ in sales, per month. The price has been dropped to $175,000 from the original listing price of $275,000!***

An upscale full service salon and spa is up for sale near Pearland, Tx. Pearland is about 30 minutes from Houston, Tx. This area has seen tremendous growth over the years and is continuing to grow. The salon sits in an area surrounded with affluent neighborhoods.
Since opening its doors in December 2011, the community has fully embraced and supported this business. The business has seen tremendous growth over the past 9 years and has built a solid reputation in the area. The owner is proud to hold multiple nextdoor neighborhood favorite awards, with the most recent one in 2019.
Competition is scarce in the area as this is probably the most well-known “full service” salon in the area.
This salon was originally listed for $275,000 but the price has now been dropped to $175,000. The sale includes over $40,000 of FF&E and over $15,000 of inventory. Per the financials provided by the seller, sales for the past three years have been over $600,000.00 annually. The seller’s discretionary earnings for the past three years have been well over $100,000.
This is an extraordinary opportunity for a new buyer, experienced or inexperienced, to step in to a super successful salon and continue to make six figures with unlimited potential to grow even more.

****Seller is willing to finance up to 50% of the sales price to a well-qualified buyer****

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Reason for Selling:

Other interests.

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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