Hair and Nail Salon with Massage Parlor: Beauty Meets Profit

Harris County, TX
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Asking Price:$59,000
Gross Revenue:$104,267
Rent:$1,500/Month
Established Year:2014
Cash Flow:$53,667
Inventory:$3,000
FF&E:$16,000
BUSINESS DESCRIPTION

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-326963

An established hair and nail salon situated in a busy area of Central and West Houston is experiencing significant growth potential. The current owner, a master stylist with expertise in hair tinting and coloring, achieved impressive revenues of $102,000 in 2023. With over ten years of operation, this well-loved salon boasts an excellent reputation and a prime location that attracts a steady flow of clients.

The spacious 1,000 sq. ft. salon is leased for $1,500 per month. The owner has carefully maintained detailed client records to ensure personalized service for each customer. The salon has two stylists who are experts in hair and nail treatments and are working as a contractor. This business is an ideal opportunity for beauty enthusiasts looking to expand their portfolio or stylists ready to take the leap into business ownership. Opportunities exist to add more stylists and services to increase revenue.

Revenue highlights include the tips of $104,584 in 2021, $103,400 in 2022, $101,657 in 2023, and $104,267 reported for 2024 (Actual + Projection). Total revenue has reached $104,267 with Seller's Discretionary Earnings (SDE) of $53,667. The asking price is attractively set, making this an outstanding investment opportunity in the hair and nail industry.


DETAILED INFORMATION
Location
Harris County, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
31/05/2026
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: One: 3 years term(To be discussed with the Landlord) FF&E Overview: - The nail chairs, - Pedicure and massage chairs - Massage table - Product display rack - Cash register/POS system - Washer and Dryer - Business sign - TVs FF&E General Condition: Good and in working conditions
Competition
Market Landscape The hair and nails salon industry is highly competitive, with a mix of independent salons, larger chains, and specialized boutiques. Understanding the local market dynamics is crucial for positioning your salon effectively. Key Competitors Established Salons Strengths: Established client base, strong reputation, experienced stylists. Weaknesses: Potentially higher prices, less personalized service. Chain Salons
Growth & Expansion
A new owner without a styling background would need to hire and cultivate commission-based and chair rental stylists for the hair and nails spa. With ten stations, ample space, and a prime location, this business offers excellent potential for rapid and successful growth. Currently, the seller does no advertising and operates by appointments and walk-ins. Allowing more advertising for hair and nail services would significantly increase revenues.
Support & Training
Number of Weeks Seller Will Offer Training: 4
Reason for Selling
Family Priorities
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Sohil
Gandhi
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Sohil Gandhi