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Asking Price$239,000
Revenue$395,673 Established2001
Cash Flow$49,924 Employees1 full, 4 part
FF&E$30,873* FranchiseNo
Inventory$12,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
A profitable, well-run hair salon with a proven, successful absentee-owner business model is for sale in Austin, Texas.   It's in a prized location in one of the nation's fastest growing cities.  Austin, Texas is on a number of ‘most desirable places to live' lists and continues to grow at the rate of 50 new residents a day.     The facility is roomy and space is beautifully utilized with over 30 rentable stations.  Due to a great ambiance and teamwork, the stations stay full the great majority of the time with full and part time stylist renters and lower than average turnover.  Located in a full retail center with  steady drive-by traffic. There is a high density mix of nearby retail, multifamily residential developments and new office buildings, offering a very appealing market of new and existing clients.  The current owner has successfully operated this business for over 10 years profitably during that entire time (no direct salon experience necessary to be successful due to proven business model).  Now there is a track record of close to 20 years of success at this location!   Excellent business for investor owner who wants to work on the business as overseer but not necessarily in the day-to-day operation.   More income would be available for an on-hands owner-operator who could take the place of a manager or part-time employee.   Current owner is nearing retirement and ready to find the next great owner to keep this wonderful business going, and will negotiate an ample training period to ensure a smooth transition.  Contact us today for more information at laj@sunbeltnetwork.com.

Real Estate Number: 488221
Competition:Competition is typical, although few salons of this size in the area
Growth Potential:Offer additional services, more retail products
Training/Support:Owner will negotiate ample training and transition agreement for new owner
Seller Financing:A small amount of seller financing may be available to well qualified buyer
Sale Reason:Retirement
Ad #109683
Seller Reference #AUSTITX001567
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Contact This Seller
Laurel Johnson
(512) 349-7100
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