Detail information about the listing
FF&E: 30,000
Inventory: 2,000
Growth: Currently, minimal marketing is in place. All online and social media outlets, as well as direct marketing, need to be fully utilized by offering special packages and promotions. The owner can also hire additional hairstylists to fully utilize unused salon chairs to generate additional rental income and commission. If the buyer is an experienced hairstylist and has their own clients, all revenue generated by themselves will be their income in addition to income from station rentals.
Further Details: Location: Collin County, TX
Inventory: Included in asking price
Employees: 4FT
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: This business is located on the intersection of two busy roads in the area in a 900 SF space adjacent to salon suites anchored by a movie theater and other retail businesses, which brings immense foot traffic to the location. All fixtures, furniture, and equipment are in excellent condition and in working order.
Competition: There are few other salons and suites in the immediate area, but the staff is highly experienced and the competitors have their own established clients from the previous location.
Growth & Expansion: Currently, minimal marketing is in place. All online and social media outlets, as well as direct marketing, need to be fully utilized by offering special packages and promotions. The owner can also hire additional hairstylists to fully utilize unused salon chairs to generate additional rental income and commission. If the buyer is an experienced hairstylist and has their own clients, all revenue generated by themselves will be their income in addition to income from station rentals.
Financing: 100 percent down at the time of closing.
Support & Training: The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.
Reason for Selling: Burned Out
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