Established Salon with Excellent Location and Grow

Cypress, TX
Harris County


Asking Price: Annual Revenue:
$60,000 $60,000

Services: Hair, Nails, Spas, Tanning


Request More Information
Contact the Seller

RE: Established Salon with Excellent Location and Grow Broker: Katie Holditch
Owner Financing is Available!
$20,000.00

Quick Facts

Asking Price: $60,000
Annual Revenue: $60,000
Net Profit: Not Disclosed
Cash Flow: $30,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 1
BBN Listing #: 160244107
Broker Reference #: 76931-417831

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

This business was established in 2008 and has been at the same location for 13 years with the same owner over that period of time. Per choice, the owner currently works full-time providing haircuts and hair color services. Any potential buyer could invest in marketing, updated tools and equipment and/or products for retail sale and see the revenue increase by 3 to 5 times depending on how many other stylists the buyer chooses to hire as either commission-based employees or stylists who rent a chair. There is currently a part-time stylist who pays rent to the seller when she comes in for her client appointments— rent is 50% of each service in cash to the owner.

Historically, the day-to-day operations of the business are not complicated and the salon can easily be run by one person at a time. There is no need for management or reception, but the salon is ripe for updating in regards to marketing, online booking and/or adding services and products.

Competitive Overview o In Business 13 years at the Same Location
o Ample Room for Adding Stylists and/or Nail and Pedicure Techs
o Locally Owned vs. Franchise Salons
o Immense Growth Potential
o Potential to Add 3-4 Hair Stylists and 1 (or more) Nail Techs
o Loyal and Established Clientele
o Owner Operated but Can Easily Add Management/Employees
o Straight Forward and Simple Operations
o Recognized Brand in Community
o Prime Location on the Corner of Hwy and Major Cross Road
o Recurring and Increasing Revenue
o Small Price Increases Will Have Large Impact on Sales Potential

Growth: Any potential buyer could invest in marketing, updated tools and equipment and/or products for retail sale and see the revenue increase by 3 to 5 times depending on how many other stylists the buyer chooses to hire as either commission-based employees or stylists who rent a chair. There is currently a part-time stylist who pays rent to the seller when she comes in for her client appointments— rent is 50% of each service in cash to the owner.

Potential Sources of Sales and Revenue Growth Include:
• Adding 3 to 5 stylists, possibly including nail or pedicure technicians
• Retail product sales
• Price increases—even minimal increases can generate additional thousands in revenue
• Membership-based options to generate guaranteed monthly revenue in exchange for a set number of services per month
• Growing the hair-color portion of the business
• Adding waxing services
• Entire salon could be changed over to a nail salon
• Investing in marketing—Google Ads, Facebook, Instagram, etc.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!