Prime Location Upscale Family Hair Salon 000952

Upscale family hair salon with experienced staff in North Dallas is available for acquisition. This business was established in 2017 by the previous owner and was acquired by the current owner in February 2019. This business is conveniently located on the intersection of two busy roads in the city next to the salon suites anchored by a movie theater and other retail businesses that bring immense foot traffic to the area. This salon provides all men, women, and children hair related services, including haircuts, perm, color, and highlights as well as facial and partial body waxing. At the moment, very little to no marketing effort is in place other than its website and online booking system. With proactive marketing such as social media outlets, offering discounts to medical staff nearby the hospitals and medical offices, and mailing coupons and flyers to surrounding homes and apartments will be beneficial to acquire new customers from the untapped areas of the city. There are currently two full-time employees on commission and two employees renting the booth and just between the commission employees and the owner, average weekly sales have been approximately $2,000-$2,500 without much proactive marketing effort. Currently, there are 8 available booths, but not all are being utilized. In order to further grow the sales, the buyer can hire additional hairstylists for added income from the commission or from booth rentals. This will be a great opportunity for a hands-on owner who can dedicate full time as a hairstylist or on marketing; there is a lot of potential to reach its full financial potential.