Two Well Established Franchise Hair Care/Salons
Location: Arizona > Maricopa County > East Valley
Industry: Hair and Beauty > Beauty Salons and Barber Shops
Financials
Asking Price: $99,500
Gross Revenue: $249,433
Gross Revenue Comments: For one location
Cash Flow: $51,107
Cash Flow Comments: For one location, $50K for the second
Inventory: $6,975 (Included in Asking Price)
FF&E: $31,310 (Included in Asking Price)
Seller Financing: Negotiable
Business Summary
Two separate well established franchised hair salons providing men's and women's style cuts, up-dos, hair straightening, hair coloring, highlights, and texturizing. Additional services provided include beard and mustache trims, facial waxing, and rejuvenating hair treatments for stressed or damaged hair. The stylists are well trained professionals who are always up-to-date on the latest styles and trends. In addition to the services provided, there are exclusively branded products, including shampoos, conditioners, and styling aids all sold at retail.
Asking price is $119,000 for one location and $99,500 for the second location. Owner will consider a package price on both locations if purchased together.
For further information, contact Loyd Rhyne at 602-284-7617, email loyd@availpartners.com
Asking price is $119,000 for one location and $99,500 for the second location. Owner will consider a package price on both locations if purchased together.
For further information, contact Loyd Rhyne at 602-284-7617, email loyd@availpartners.com
About the Business
Year Established: 1998
Employees: 9 full time -
Franchise: Yes
Facilities: This location has 9 stations and is located in a busy grocery store anchored strip mall. There have been over $150,000 in improvements made to this business including new chairs, computers and a POS system. There are 2 years left on current lase with a 5 year option to renew. The lease rate is $3100 per month triple net.
Market Outlook and Competition: Competition: The salon is in a busy shopping center, on a well traveled street and busy intersection .The nearest competitor, is 1 mile away. Growth and Expansion: The business has been under the current owner for three years, and with a solid customer base, continues to grow.
About the Sale
Management Training and Support: 2 weeks full time
Reason For Selling: Illness forces sale
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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