Profitable Hairstyling Salon

Location: United States -> Texas -> Dallas/Fort Worth -> Richardson
Industry: Hair and Beauty > Beauty Salons and Barber Shops

Businesses for sale Summary

Successful and profitable hairstyling salon for sale with eight comfort air hair dryers, seven styling chairs, manicure table, and pedicure stool. Business has been a staple in local hair care for over 25 years with strong repeat customers. Each salon chair rents to individual stylists for $100 per week for a potential rental income of $3,010 per month. Two stylists to contract for rental space at $100 per week for guaranteed lease payment. This business will pay for itself in about a year.

Financials

Asking Price Range:  < $250K
Gross Revenues:   $57,466
Cash Flow:   $41,308
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $7,500
Seller Financing:  No

About The Business

Year Established:  1983
Number of Employees:  1 – 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Two weeks at no additional cost.
Reason For Selling:  Retirement.

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