Men's Salon and Upscale Barbershop - 3 Locations
Asking Price: | $1,400,000 |
Gross Revenue: | $1,383,888 |
FF&E: | $800,000 |
Cash Flow: | $323,807 |
Inventory: | $12,000 |
Established Year: | 2014 |
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-487577
This men's salon and upscale barbershop offers a premium grooming experience, combining classic barbering with modern salon services. With three prime locations, this established brand has built a loyal customer base and a strong reputation for quality and service.
Key Highlights:
• Established Brand: Over 10 years of operation across three locations, with a strong market presence and excellent customer reviews.
• Diverse Services: Comprehensive menu including haircuts, shaves, facials, face and scalp massages, brow waxes and branded grooming products.
• Prime Locations: Strategically located in high-traffic areas, ensuring high visibility and accessibility to attract both walk-in and appointment-based clientele.
• Loyal Customer Base: A solid roster of repeat clients, including clients with various membership packages.
• Experienced Staff: A hand-picked team of highly trained barbers and stylists dedicated to providing top-notch service.
• Modern Ambiance: Stylishly designed interiors that create a welcoming and upscale atmosphere, enhancing the overall customer experience.
• Digital Marketing Competitive Advantage: The brand has invested heavily in this area and boasts a robust web presence, online and app-based booking for guests and members, and results-driven, organic SEO.
• Absentee Operated: The current owner has a full-time job outside the business and spends minimal time overseeing the three salons.
Financial Performance:
• Revenue: Projected annual revenues of nearly $1.4 million, with built-in growth potential given that only 50%-60% of the haircut stations are currently occupied.
• Profit Margins: Strong profit margins due to premium pricing and effective cost management.
This men's salon and upscale barbershop presents an exceptional opportunity for a buyer looking to enter the thriving men’s grooming market.
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