2 Branded Salons generating over $670K

Shelby County, TN

2 Branded Salons generating over $670K

Asking Price:$175,000

Cash Flow:$71,411

Gross Revenue:$673,758

EBITDA:N/A

FF&E:$84,303

Inventory:$19,061*

Rate/Sq. Ft.:N/A

Established:2001

*not included in asking price.

2 Branded Salons generating over $670K

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Business Description

This is an incredible opportunity to enter the salon industry as either an owner operator or absentee owner. This opportunity includes two branded national franchise chains located in a major metro TN city.

Both salons are established and generate over $670,000 in revenue. They are absentee owned and manager operated. Take advantage of the owner's relocation out of state and own a profitable business with a history of making money and profits.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Both salons are located off of high traffic roads. Salon 1 located in a small retail center on a corner lot of two main roads with incredible traffic counts. Salon 2 located in a retail shopping center surrounded by businesses such as Kroger, Western Union, Marshalls and Steinmart and more. Both salons are nicely designed with one upgraded within the past 3 years. Both salons have great parking with easy access.
Competition:
Salons are strategically located in the city. Salon 1 is a very high revenue salon generating incredible numbers. Salon 2 could do better with attention. Both are absentee owned offering a new owner an incredible opportunity to generate great profits.
Growth & Expansion:
These salons are part of a recognized brand of salons covering the entire country.
Support & Training:
Franchise offers great training and owners will offer provide assistance as well.
Reason for Selling:
Owner has relocated
Franchise:
This business is an established franchise

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John Allen Dees

Business Listed By:
John Allen Dees

sbdees

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