Contact Information

 

 

2 Franchised Hair Salons- Absentee Owner- Low Low Price!

  • Listing# : 16957
  • Listed Price : $75,000
  • Total Sales : $305,400
  • SIC : 7231
  • Down Payment : $75,000
  • Status : Active
  • Discretionary Earnings : $35,780

Business Type :

Beauty/Personal Care / Hair Salon

Business Description :

Great opportunity to own two franchised hair salons at a great price - get 2 for the price of 1!

These salons are located inside busy Walmart locations and have a lot of foot traffic. The franchise provides quality services at affordable prices for the entire family, drawing customers from the local area. One salon has 4 stylists with 7 hair stations while the second has 2 stylists with 6 hair stations, allowing the new owner to expand and increase sales.

Prominent location results in high volume of product sales in addition to traditional hair service revenues. Perfect business for someone looking for supplemental income - current owner works only 2 hours per week.

The salons have been in business for 10+ years - One salon was opened in 2010 while the second opened in 2012.

Franchise is easy to own and operate, and a good option for a first-time small business owner. Buyer will be subject to owner, landlord and Franchisor approval. Buyer will be responsible for Franchise Transfer Fee of $2,500/location.

Assets included are worth more than the asking price - seller is motivated for a Quick Sale.


Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $40,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $40,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $80,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Beauty/Personal Care