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
