Hair Salon & Suites 'Price Reduction-Quick Sale
Not Disclosed, TX Collin County
Seller's Contact Information
- RE: Hair Salon & Suites 'Price Reduction-Quick Sale
- Contact: Amir Dawdani
Quick Facts
| Asking Price: | $140,000 | |
| Annual Revenue: | $192,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $84,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 60,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 1 | |
| BBN Listing #: | 791250429 | |
| Broker Reference #: | 52941-854066 |
Business Overview:
Discover a prime opportunity to own a thriving hair salon in the heart of Collin County, TX. This business boasts a prestigious location surrounded by a Walmart Supercenter Anchored store, fine restaurants, and other retail outlets.
Spread across 2000 sq. ft., the salon features three rental suites, generating $900 rental income on one suite alone. With sales exceeding $190K and growing, this salon has a long-term lease with renewal options. The potential to grow the business is immense, especially by actively advertising through social media.
This salon offers a complete suite of services, offering threading, waxing, facials, eyelashes, hair coloring, skin tightening, sauna, and haircuts. The tone of our message is informative, offering detailed information about the salon and its services.
Opportunity knocks for a partnership with a new owner with a small investment, allowing the business to grow further. Don't miss this chance to take over a profitable hair salon in a prime location.
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.
Property Features and Assets:
Monthly Rent: $5,353.00 Square Units (Foot, Meter): 2,000 Lease Expiration Date: December 31, 2030, 4:33:00 PM Terms Options: 10 year Facilities: large shopping strip mall with Walmart Supercenter
Market Competition and Expansion:
Great opportunity for an experienced hair stylist to go into their own business. The salon is entirely built to the standard and specifications of a Class A Salon, where the seller has invested over $130K, all at an offer for a reasonable selling price which includes all the owners’ customers, contracts, furniture, fixtures, & Equipment. Increase revenue by advertising in social media and promoting salon suites rental.
Reason for Selling:
Relocating
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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