4 Branded Salons with Absentee Owner

Greene County, MO

4 Branded Salons with Absentee Owner

Asking Price:$75,000

Cash Flow:N/A

Gross Revenue:$727,058

EBITDA:N/A

FF&E:$35,000

Inventory:$21,000

Established:2010

4 Branded Salons with Absentee Owner

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Business Description

New adjusted price for quick sale. One location is doing very well with a net profit exceeding $30,000 while the others need an owner who will take time to oversee operations in order to have them reach their potential.

This is a great opportunity to purchase four well established branded salons serving Greene County and Christian County Missouri. All four are located in high traffic areas and have been absentee owned and operated. Salons vary in age and been established since 2010 for the most part. They are very nicely designed and have a varied number of stations at each.

Salons have performed much better in the past but the owner has a full time job and has spent very little time with them over the past two years so there is plenty of room for growth and expense cutting. They need an owner who will spend time with them and the employees.

Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All four salons are located in very high traffic shopping areas. Locations were selected based on feeder businesses and strategically located to feed off of surrounding businesses and communities.
Competition:
They need an owner who will spend time with them and get them back to where they were in the past. This is a clear case of an absentee owner not overseeing the businesses but they have a lot of potential and historically have shown good numbers.
Support & Training:
Yes, Owner and franchise will provide support and training
Reason for Selling:
Absentee owner has no time to spend with them and need an owner who will
Franchise:
This business is an established franchise

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John Allen Dees

Business Listed By:
John Allen Dees

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