Chic Hair Salon & Spa Inside Loop Houston For Sale

Business description

This fabulously chic, hair salon and day spa inside the loop caters to upscale clientele from River Oaks, West U, Tanglewood and Galleria area. Previous owner took business back and built revenues up to $50,000/mo and is now ready to sell. This superb salon hosts 21 hair stations, 3 nail stations, 1 spa pedicure chair, 2 makeup stations and 2 facial/massage/waxing rooms. Makeup artist sells makeup on consignment and jewelry is also sold on consignment. New computer system, software and website are included in sale. 14 hairstylists are on commission, 5 stylists (including owner) rent booth space for between $200-$300/wk, another 2 hairstylists are coming on board and renting vacant room for $2500/mo, 1 nail tech is paid hourly and 1 rents space, 1 facialist is on commission, massage therapist is on call and paid commission. Scheduling, shampooing and checkout are provided for hairstylists, including booth rentals, which provide their own supplies. Financing available to qualified buyer. Great opportunity for business owner or for someone in the industry.

Seller's Discretionary Earnings: $166,200 Proforma

Property information

Real Estate:

Lease

Location:

4218SF facility in shopping center in Houston

Business Operation

Expansion potential:

Hire more stylists/ rent booths.
More advertising / marketing.

Reasons for selling:

Seller rents booth as stylist; would prefer to focus only on services, not business ownership.

Trading hours:

5 days; Tues/Thurs 9AM-8PM; Wed/Fri 9AM-6PM; Sat 9Am-5PM

Employees:

17FT; 2Pt; 5 Contractors; 1 Owner

Years established:

2005

Other information

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing available

Furniture / Fixtures value:

$120,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)

Related documents:

• 
• Business Profile