Business For Sale

Salon Suites - WOW! REDUCED PRICE!!!

North Houston, TX
Harris County


Asking Price: Annual Revenue:
$110,000 $154,365

Services: Hair, Nails, Spas, Tanning


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RE: Salon Suites - WOW! REDUCED PRICE!!! Broker: Dominick Caravella
License #: 9004224

Quick Facts

Asking Price: $110,000
Annual Revenue: $154,365
Net Profit: Not Disclosed
Cash Flow: $49,557
Total Debt: Not Disclosed
FF&E: $85,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 1
BBN Listing #: 135243328
Broker Reference #: 2345

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Business Overview:

This is a 3,250 square foot facility containing 15 single suites and two double suites. One suite is currently used for storage. The business averages 85% occupancy. These well-built salon suites are individually leased to hair stylists, manicurists, and cosmetologists. The stylists pay rent to the owner of the salon. Rents range from $160 per week to $274 per week. All tenants sign an initial one-year lease. The owner leases the entire space from the landlord of the shopping center. The storage suite could easily be converted to a rental unit. Currently, the owner spends about 3-4 hours per week at the business. This could easily be absentee owned.

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Reason for Selling:

Owner's wife has no time, other responsibilities.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This may become a franchise resale opportunity.

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