Sold
Sold
Profitable Salon Studio in Prime Location
$1,060,000
Dallas County, TX
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Gross Revenue
$2,319,304
Owner's Cash Flow
$428,258
Min Down Payment
$106,000
Employees
28 PT
Business Summary
The business represents an excellent opportunity to purchase a profitable and established hair salon, boasting a successful online business. The enterprise offers an array of services, including hair coloring, cutting, retexturizing, waxing, and nail treatments. Under the current ownership, the salon has been operational for nearly 12 years and is conveniently situated in a prime location.
Key Highlights
Year established
2011
Real estate
Leased
Reason for selling
The current owners are looking to retire while managing other investments.
Support and training
The current owner is willing to stay on for up to 3 months to help with the transition.
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $7,260 | $5,812 | $8,440 |
| COGS | $5,214 | $8,652 | $2,091 |
| Gross Income | $2,046 | ($2,840) | $6,349 |
| Operating Expenses | $5,083 | $8,103 | $5,876 |
| Operating Incomes | ($3,037) | ($10,943) | $473 |
| Net Other Income (Expenses) | ($6,816) | ($4,211) | ($5,044) |
| Net Income | ($9,853) | ($15,154) | ($4,571) |
| Interest | $5,054 | $9,704 | $4,265 |
| Depreciation | $6,782 | $6,652 | $7,368 |
| Amortization | $7,023 | $7,862 | $1,069 |
| EBITDA | $9,006 | $9,064 | $8,131 |
| Add-backs | $58,959 | $61,234 | $69,054 |
| Owner's Cash Flow | $67,965 | $70,298 | $77,185 |
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Projected Free Cash Flow
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