Upscale Salon In Outstanding Location

Denton County, TX

Upscale Salon In Outstanding Location

Asking Price:$150,000

Cash Flow:$72,085

Gross Revenue:$412,590

EBITDA:N/A

FF&E:$24,400

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2012

Upscale Salon In Outstanding Location

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Business Description

This award-winning, profitable and growing salon is located in an outstanding location in north DFW. Full serviced salon and spa specializing in women’s haircuts, men’s haircuts, styling, color and a full menu of spa services including massage, skin treatments, waxing and more. The salon has experienced continuous and consistent growth due to its excellent location, loyal clientele and superb services. Shop has 8 stations and 7 employees. This salon has been in this location for 5 years and is ready for a new owner to step in. Current Owner’s clients will transfer to the new owner.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
6 FT / 1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1786 sf Facility is in a very busy shopping complex is fully equipped with everything needed to run the business. The salon has very prominent website, state-of-the-art, cloud- based online reservation system and a private massage-therapy room for spa services. Current Lease expires in Dec 2017. The owners opened this location in 2012 to capture the exploding growth of the area and have in over $156,000 in leasehold improvements to accommodate their business needs.
Growth & Expansion:
• Perfect location in an area experiencing explosive growth • Solid growth across 5 years • The salon has established a large, loyal customer database that will be transitioned fully to the new owner. • Location, established website, online reservation service, stocked inventory, and existing personnel make this a turn-key solution for the next owner to step into. • Step into an Existing Spa Salon business at below start up costs. Motivated seller!
Support & Training:
Will train for 2 weeks @ no cost. Hair services: Women’s haircuts, Men’s haircuts, Children’s haircuts, styleouts, shampoo & scalp massage with hot towel treatment, All over color, half head highlight, full head highlight, men’s color. Spa Services: Therapeutic massage, target focus massage, deep tissue massage, hot stone massage, chair massage, body scrub, makeup application, waxing.
Reason for Selling:
Owner & spouse are starting new business.

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Murphy Business

Business Listed By:
Murphy Business

Murphy Business & Financial Corporation

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The Georgia Association of Business Brokers (GABB).

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