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BUSINESS FOR SALE - PROFILE #  42060233

Two Profitable Luxury Hair Salons For Sale In DFW
Dallas & Denton County

Asking Price: $225,000   Down Payment: $225,000  
Gross Revenue: $234,000   Adj. Cash Flow*: $35,000  
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Executive Summary
Two prime location, luxury hair salons with modern interior design are available for immediate acquisition. This business originally established in 2009 and has been operating in the same location by the second owner of the business. In early 2014, the business opened its second location in an exclusive, highly desirable area of Dallas. The current owner bought the salons in 2017 but has had unfortunate health issues that has not allowed the owner to spend any time in the business. An involved owner could replace some of the labor expense as well as lease the vacant chairs to full capacity. Existing stylists are established and hold a very loyal clientele base. Most of the customers that frequent the business are women, men and young adults from the nearby neighborhoods. Although some marketing has been done through existing online social media outlets, more proactive marketing in local area would aid in additional revenues to reach full potential. The owner is not proactively pushing the sales of retail products available due to absenteeism, however retail product sales have high profit margins and could boost the overall sales & profit. Both locations are currently surrounded by big box restaurants, office buildings, and anchored by a major supermarket prepared to generate more revenue with a proactive Buyer. The sale is only positioned for someone to buy both salons as one transaction. To find out more about this opportunity, please submit an inquiry through this site or by emailing Jeff at jeffg@vrdallas.com or call 214-733-8282.

Acquisition Highlights

  • Two well appointed salons with 18 total stations, if maximized can be a simple, profitable business model for a new owner
  • Tuesday - Saturday
  • This is a modern looking salon located in high demographic areas.
  • Started in 2009, sold in 2017 to the second owners
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2009 Inventory:
Employees: 4 PT Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Larry Lane
Phone:  (214) 733-8282
Fax:  (972) 542-7644
E-mail:  llane@vrdallas.com
VR Business Brokers - North Dallas, TX
17950 Preston Rd. #760
Dallas, TX 75252
www.vrdallas.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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