Profitable, High-Margin Hair Salon Established 13 years Ago
| Asking Price: | $99,000 |
| Gross Revenue: | $104,944 |
| Established Year: | 2011 |
| Cash Flow: | $70,642 |
| FF&E: | $50,000 |
This salon, established in 2011, is a thriving, full-service hair salon located in Irving, TX. It caters to both men and woman, offering a comprehensive range of hair care services. With its superior online profile, high-traffic location, and walk-in only policy, the salon benefits from a steady stream of clients. Since COVID, the business has grown by 44%.
It benefits from the following advantages:
• Exceptional Growth - 44% growth since COVID.
• Reputation - It holds a 4.6/5 Google Review rating with 197 reviews, higher than other salons in the area
• Longevity - Established for 13 years, the salon is part of the fabric of the community
• Client Base - With its walk-in only policy, it maintains high daily foot traffic, and generates organic, repeat customers
• High Profit Margin - With a low rent payment ($968), and no advertising needed, the business generates higher than average margins. Rent payment is only 10% of revenue versus the industry average of 25-35%
The ideal buyer is an owner-operator. Please inquire today!
