Salon Suites In Clear Lake

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Asking Price:
$89,000

Gross Revenue:
$72,255
Cash Flow:
$21,246
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,500
included in asking price

FF&E:
$8,500
included in asking price

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Business Description

This steady performer with 8 studio spaces, is an ideal fit for a stylist with a book of clients. The revenue generated by renting the other suites provides a nice income after expenses are covered. The only occasional task is to keep the spaces full if a stylist decides to leave, which is rare. Started in 2009 by an industry veteran, her retirement creates an opportunity to own a unique business model.

About the Business

Location:
Houston, Texas
Year Established:
2003
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
1,400
Rent:
$3,228.25 Per Month
Facilities:
Class B Shopping Plaza with two National Franchise Anchors
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About the Sale

Reason For Selling:
retiring
Training/Support:
4 weeks

Listing Info

ID:
1588162
Ad Detail Views:
0

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Business Listed by

Colin Gildroy

Transworld Business Advisors
License# 636874

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Sponsoring Broker:

Gerald G. Brisson, CBI, M&AMI, CMAP
Transworld Business Advisors


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