Busy, High-End Luxury Salon Franchise for Sale in Houston Galleria

Asking Price$297,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$691,213

Inventory$28,719
Not included in asking price
FF&E$242,656
Included in asking price
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Busy, High-End Luxury Salon Franchise for Sale in Houston Galleria


Asking Price$297,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$691,213

Inventory$28,719
Not included in asking price
FF&E$242,656
Included in asking price
Business Description
Turnkey, newly built-out Galleria luxury salon with marketing upside
This luxury franchise salon has been in the Houston Galleria for over 30 years and is the only location in the Houston area of a globally recognized brand. This established business has a database that spans 30 years of service. Clients traveling from all around the world recognize this brand for its quality and contemporary methodology in cutting and color. We have recently moved to a prime foot-traffic location, still within the Galleria, into a brand-new build-out with beautiful finishes and ease of accessibility to clients. There is a large marketing upside for a motivated new owner. and the strength of the franchise brand allows for local and global customer appeal and reach. Owners have received generous compensation and have built universal access so that the new owners can operate the salon from anywhere.
About the Business
Years in Operation
6
Employees
10 (8 Full-time, 2 Part-time)
Franchise
This business is an established franchise
Facilities & Assets
All assets except for inventory and supplies. We are hoping that the new owner assumes the lease; however, if they are not able to, we may be willing to stay on for the rest of the term depending on the price.
Market Outlook / Competition
We have moved to a better location than the one that was opened 30 years ago. The new location has increased foot traffic; however, we don't market at all. If the new owner markets to the local community, there would be an increase in clientele.
Opportunities for Growth
There is a huge potential for growth through advertising. We didn't advertise at all. We are also the only location of this franchise in the Houston and surrounding areas. This franchise brand is known throughout the world for cutting edge hairstyling, color and education.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,655
Rent
$16,728 per month
Lease Expiration
7/4/2030
About the Sale
Seller Motivation
One of the owners is in her 60s and doesn't want the responsibility of ownership
Transition Support
We can offer 2 weeks of training. After the initial 2 weeks, I can be available on a consulting arrangement. The other owner has offered to continue working under the new ownership.
Listing Info
ID
2546606
Listing Views

Listing ID: 2546606 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.