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- RE: Hair Salon Business For Sale
- Contact: Moon Kim
- License #: 567204
Quick Facts
Asking Price: | $350,000 | |
Annual Revenue: | $650,622 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $96,283 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 7 | |
BBN Listing #: | 980013 | |
Broker Reference #: | #001428 |
Business Overview:
Hair salon for sale! A well-established hair salon in Denton County is now available for acquisition. First established in 2005 and acquired by the current owners in 2016, this salon offers a comprehensive range of quality services, including women's haircuts, men's haircuts, Brazilian Blowouts, perms, coloring, and highlights. Dedicated to excellence, the salon's mission is to cultivate customer loyalty through exceptional service, ensuring each client is satisfied.
The talented team of stylists is supported by the owners, who prioritize ongoing education to ensure the stylists are always up-to-date with the latest styles and products. The salon uses products and techniques from the Paul Mitchell industry brand.
Situated within a 1,800 square feet retail space in Denton County, the salon benefits from its strategic position surrounded by single-family homes, large national retailers, and a commercial gym, which generates substantial foot traffic and enhances visibility. This salon stands out with its superior talent and competitive pricing, contributing to its reputation for high-quality services.
The salon has evolved from working with stylists to building a loyal and dedicated workforce, thanks to the hands-on ownership approach. This loyalty among staff has translated into consistently excellent performance. With the area's growing population, there is currently a high demand for salon services that exceeds the supply, making this a promising investment opportunity for a new owner who can continue to uphold the high standards customers have come to know and expect.
This salon boasts a robust internet presence and effectively leverages social media to its fullest potential. The salon not only highlights its talented stylists but also employs software to offer attractive specials and incentives for both new and returning customers. The stylists, who also serve as salespeople, have cultivated a loyal clientele, some of whom have been with the business for over a decade.
The owners, though not full-time, remain actively involved in the business monitoring KPI (key performance indicators). There is consistent communication with their manager daily and with employees weekly. The manager, who is the top-performing salesperson, is essential to the salon's success as are all the employees. The stylists are excellent employees and have been with the salon for several years.
Now in their eighties and ready to retire, the owners seek a qualified buyer to take over this salon. With its prime location in a growing market, a dedicated team of employees, and an established customer base, this business presents an excellent opportunity for a new owner.
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Property Features and Assets:
Located in Denton County! This salon benefits from a highly visible facility that nearby several popular national retailers that attract tremendous traffic to the immediate area. / Inventory: $1,500 (Included in listed price).
Market Competition and Expansion:
Competition: Despite some nearby competition, this salon is recognized for its talented staff and competitive pricing. / Growth and Expansion: Enhanced local marketing efforts and making necessary accommodations to hire more talent are viable options to grow the business.
Reason for Selling:
Planning for retirement and seeking a qualified buyer to take over.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:
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