High End Salon in Collin County #2029

Not Disclosed, TX
Collin County

Collin County

Asking Price: Annual Revenue:
$512,629 $1,383,109

Services: Hair, Nails, Spas, Tanning

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RE: High End Salon in Collin County #2029 Broker: Gateway Mergers & Acquisitions

Quick Facts

Asking Price: $512,629
Annual Revenue: $1,383,109
Net Profit: $189,341
Cash Flow: $189,341
Total Debt: Not Disclosed
FF&E: $53,748
Real Estate: $30,741
Year Established: 2011
Employees: 18
BBN Listing #: 724036164
Broker Reference #: 2029

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Business Overview:

Upscale salon for sale. This premier location has a beautiful, modern atmosphere for clients to enjoy. The salon services menu includes extensions, Bayalage, various hair treatments, along with cut and style services. The spa services menu includes injectables like Botox and fillers, microneedling, skin tightening treatments, permanent make-up and much more. A fashion forward inventory of clothing, jewelry, candles, hair & skincare products are also available for clients to purchase. The business is located in a leased facility in a thriving shopping center. Yearly profitability ranged from $189,341 to $218,349 pre-Covid. Even with the Covid shutdown, revenues for 2020 were at $962,383 and profitability at $117,605. This is neither an offer nor a solicitation to sell securities. Real Estate Brokerage License on file. For more information, please contact Gateway Mergers & Acquisitions or use email reply button of this ad to contact us.

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Property Features and Assets:

The business is located in a leased facility in a thriving strip center.

Market Competition and Expansion:

Multiple revenue streams in a very desirable demographic area. Room for growth in filling chairs/stations to capacity. E-commerce site is available for future expansion of product lines.

Reason for Selling:

Purse other business 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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