Profitable, High-Margin Hair Salon Established 13 years Ago Dalla

Listing Number: 69071-111899

Description

This salon, established in 2011, is a thriving, full-service hair salon located in Irving, TX. It caters to both men and woman, offering a comprehensive range of hair care services. With its superior online profile, high-traffic location, and walk-in only policy, the salon benefits from a steady stream of clients. Since COVID, the business has grown by 44%.

It benefits from the following advantages:
• Exceptional Growth - 44% growth since COVID.
• Reputation - It holds a 4.6/5 Google Review rating with 197 reviews, higher than other salons in the area
• Longevity - Established for 13 years, the salon is part of the fabric of the community
• Client Base - With its walk-in only policy, it maintains high daily foot traffic, and generates organic, repeat customers
• High Profit Margin - With a low rent payment ($968), and no advertising needed, the business generates higher than average margins. Rent payment is only 10% of revenue versus the industry average of 25-35%

The ideal buyer is an owner-operator. Please inquire today!

Listing Details

• Price: $99,000
• Down Payment: --
• Sellers Discretionary Earnings: $70,642
• Total Sales: $104,944
• Location: Irving, Dallas County, Texas


• Inventory: $0
• FF&E: $50,000
• Employees: 1
• Year Established: 2011
• Reason for Selling: Relocation
• Category: Beauty/Personal Care