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Highly Profitable Hair Salon for Sale in Memorial, Houston, TX 77079

Houston, TX
listing image
Asking Price:$65,000
Rent:$2,350/Month
Gross Revenue:$218,000
Established Year:1995
Listing ID: 2309053Listing provided by BizBuySell
BUSINESS DESCRIPTION

***Long-term Owner willing to stay as an Employee***

***************Note: To maintain confidentiality, all prospective buyers must sign a Non-Disclosure Agreement (NDA) and provide proof of funds before detailed information about the business or viewings can be shared.************

This well-established hair salon, located in a highly desirable Memorial area, offers an exceptional opportunity for an entrepreneur or industry professional. Operating for over 10+ years, the salon enjoys a loyal clientele base composed primarily of families, and high-income individuals from the surrounding neighborhood.

Key Features:
Prime Location: Situated in a thriving area with high visibility and easy access, surrounded by affluent neighborhoods.
Fully Equipped Space: The salon boasts 6 chairs, 1 treatment room, and modern equipment—all included in the sale.
Consistent Revenue: Stable income with a strong mix of service and retail product sales, with additional potential to boost revenue by fully renting out the chairs.
Established Clientele: A well-maintained customer database ensures a seamless transition for the new owner.
Turnkey Opportunity: Lease rights, equipment, and all necessary assets will be transferred. Training and support: Owner willing to stay as an employee and can provide full training and support on an ongoing basis.


***************************Financial Overview:**************************
Annual Revenue: $218,400
Service Revenue: $148,000
Retail Sales Revenue: $20,000
Other Revenue (extra room, chair rentals): $50,400
Growth Potential:
With an excellent location and untapped potential in chair rentals, this salon offers significant opportunities for growth. A new owner could expand services, enhance marketing efforts, or introduce membership programs to attract more clients and maximize profitability.

Reason for Sale:
The owner wants to cut back on hours and is willing to work as an employee due to personal reasons, making this a rare opportunity to acquire a thriving business in one of Houston’s most prestigious areas.

DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
01/01/2028
Employees
3
Facilities
All Social-media accounts, and naming rights, will be transferred to the new owner.
Competition
The salon market in the Memorial area of Houston is thriving, supported by a strong local economy and a community with a focus on personal care and wellness. With a steady demand for services like haircuts, coloring, and extensions, salons in this area benefit from a loyal customer base and a high-income demographic. Additionally, Houston's growing population and diverse cultural influences drive trends and create opportunities for salons offering specialized or premium services. T
Growth & Expansion
This thriving hair salon is for sale in Houston. The business offers opportunities to increase revenue and growing your brand. Adding services like spa treatments, nail care, and trendy hair techniques such as balayage can attract more clients. Larger spaces or additional locations allow for higher customer capacity and boost sales.
Financing
Cash
Support & Training
Owner looking to stay as an employee after the sale. Will deliver the list of customers database and also ensure to introduce the clients to the new owner.
Reason for Selling
Owner looking to cut back on hours due to personal reasons. Willing to stay.
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Mustafa Faiz
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Mustafa Faiz
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