Turn Key Fully Equipped Upscale Total Beauty-Care Salon

Denton County, TX

Turn Key Fully Equipped Upscale Total Beauty-Care Salon
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Asking Price: $49,000

Cash Flow: N/A

Gross Revenue: $750,000

EBITDA: N/A

FF&E: $50,000

Inventory: $2,000

Established: 2013

Turn Key Fully Equipped Upscale Total Beauty-Care Salon

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Business Description

Prime upscale beauty salon in turn-key situation with 14 hair stations is available for acquisition. This business was originally established half a decade ago in 2013 by the current owner of the business. Most of the customers are middle to upper-class Caucasian individuals from the surrounding densely populated residential neighborhoods and the businesses within the city. A majority of these customers are reoccurring loyal customers that have been coming since inception of the business. Even though the customer base isn't included in the sale, net sales average was $750,000/year between two hair stylists owners with two assistants that has been steady over the last several years of operation without any active marketing except through their online website. With the right buyer that can utilize all 14 stations and the numerous other rooms from facial, waxing as well as a massage room; this business can do so much more since only a few stations are currently utilized. Although there hasn't been any proactive marketing other than word of mouth and the business website, other proactive marketing methods must be utilized if this business is to generate more cash flow and acquire new customers from untapped areas. Competition is expected in this huge business industry, but this business is known to hold many work stations that can accommodate for various types of services that other competitors can't all provide for as well as the huge demand in the area for beauty salons help grow this business. There are many ways to proactively market this business such as direct mailing, weekly specials, package deals, online coupons, social media outlets, door hangers and placing a manager to help the operation of the business. Having a manager operate the business while the owner of the business focuses on marketing the business will help the general flow of the business while bringing the quality of the business to a higher degree. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

Listing ID #000620
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Employees:
4FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 2,200 SF retail strip center with numerous hair stations and is surrounded by many retail businesses as well as dense traffic from the intersection. All equipment is in impeccable condition and in working order.
Competition:
Few competitors are within the immediate market area, but this business excels in number of hair stations available and number of specialized services.
Growth & Expansion:
Some marketing is done online through the website, but other proactive marketing methods needs to be utilized to generate more cash flow and acquire new customers.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
The owner the business will provide the necessary training needed to smoothly transition into the business operation.
Reason for Selling:
Other Opportunities + Take Time Off
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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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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. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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