N. Dallas Hair & Waxing Salon With Real Estate

Business Overview:

We are pleased to offer for sale, this well established hair and waxing salon. This well-established, and successful, 9-year-old family owned and operated company was incorporated in 2015, by its owner and founder. The seller wanted more than just a place for beauty treatments; she envisioned a sanctuary where clients could escape the stresses of daily life and experience true renewal. They carry a luxury product line, which features the pure flower and plant essences.

With over 20 years of experience, she spent years owning and managing one of the Classic Cuts family hair salons before following her true passion—creating a unique spa experience. This vision led her to establish this salon, a sanctuary for relaxation and renewal.

They use natural products and the seller has a very strong relationship with the products distributor. She will be able to transfer her many-year relationship to the new owner if they want to continue offering the same luxury products. The salon’s revenue mix is approximately 99% from hair styling and only about 1% waxing services.

The seller has a training manual for their software program, and they also benefit from grandfathered pricing for their software package at only $107 per month, which manages booking appointments, inventory, reporting, service providers set up, etc.

From the moment their clients step inside, the goal is simple: to help them feel refreshed, rejuvenated, and restored. In this serene atmosphere, their clients experience a transformation—one that leaves them feeling completely at peace.

Over the past three years, this company has generated relatively solid revenues of between $160,939 in Year 2024, $177,031 in 2023, $174,064 in 2022, and $184,936 in Year 2021 and it has generated cash flows of $76,587, $60,852, and $49,091, and $71,141, respectively. The salon had a decline in revenues in recent years from 2023 to 2024 due to a reduction in the stylist hours from full time to only part time, as well as a reduction in the number of stylists over those years.

The salon has two staff, consisting of the owner and another stylist. The seller works in the salon approximately 33 hours per week The other stylist is paid hourly wages plus tips, and the seller is paid hourly wages and is a W-2 employee of the company.

The salon’s maximum staffing capacity are nine stylists, 1 spa tech, and it can it can accommodate more stylists and spa techs if they are placed on a rotation schedule. Adding a rotation schedule will generate more income as the stations are not just sitting empty as they would always have clients in the chair which would maximize revenue.

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Property Features and Assets:

Business operates out of a retail office suite, consisting of 1,124 square feet, also being offered for sale.

Assets = $496,409

Market Competition and Expansion:

Based on the seller's considerable experience running the salon, she recommends the following strategy for the new owner to help maximize revenues and cash flow for the salon:

Chair Rental Income Possibilities:
• $150 - $195 per week at 4 weeks = $600 - $780/month
• $600 - $780 by 9 chairs = $5,400 - $7020/month Income

Spa Room Rental Income
• $175 - $215 per week at 4 weeks = $700 - $860/month Income

Products Sales: Focus on advertising product sales which should generate extra income.

As a potential cost savings, the recommends managing supplies and Back bar products usage by focusing on carrying only the top selling products.

Space Expansion Option Available:
Seller-owned adjacent suite, of 800 square feet, sharing common walls, is also available for sale at a list price of $320,000 in the event that buyer chooses to combine the spaces for increased square footage for either the hair salon/spa or for the med spa's business operations.

Reason for Selling:

Additional Details:

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