Absentee: Upscale Hair Salon - Sugar Land, TX _ 1905330

Budget Business Brokers: Don't Let this opportunity pass you by. This is an absentee owner, upscale hair and spa salon in an outstanding location is Sugar Land, TX. This salon was established in 1999. The salon is located in the same shopping plaza of an anchor national chain store. The salon has 8 stylist stations (chairs) and 2 private room. There is enough room in this salon for for growth by adding new services. This shopping plaza offers plenty of parking. The typical beauty salons multiples are: 35% of annual revenues; add fixtures, equipment & inventory. 2 x SDE plus inventory. 4 x monthly sales plus inventory 2.5 x EBIT or 4 x EBITDA. From before depending on the indicator used the fair market value of a business will range between $135,000 and $164,000. Therefore, this salon is offered at a considerable discount. Location: Sugar Land, Texas Year Established: 1999 Number of Employees: 5 Real Estate: Leased Building Sq. Ft.: 1,800 Rent: $5,800.00 Per Month Lease Expiration: 5/1/2024 Facilities: Shopping Plaza