Listing Number: 76931-543354
Description
This successful and profitable hair salon in Spring Branch is in the heart of an affluent area and has so
much additional potential. The current owner is a master stylist and they specialize in hair tinting and
coloring generating revenues above $240,000 in 2023. This popular salon has been open for more than
20 years and the current owner pays $3,161/month for 1,200 sq feet. The excellent service and
convenient location bring in ample clientele, the owner keeps files of his clients with detailed info as to
what color of tint they use, and with eight stations available, this salon is perfect for a current salon
owner looking to expand and update or a stylist who’s ready to start a career as a business owner.
Total revenue in 2023 was $240,325 with an SDE of $146,564. The asking price is less than a 1X
multiple of the SDE and an incredible opportunity for a buyer.
Listing Details
- Price: $110,000
- Down Payment: $110,000
- Sellers Discretionary Earnings: $140,000
- Total Sales: $240,000
- Location: Houston, Harris County, Texas
- Inventory: $8,000
- FF&E: $25,000
- Employees:
- Reason for Selling: Moving out of state
- Category: Beauty/Personal Care
