Services - Beauty & Barber Shops | Services - Other Personal Services

Asking Price	$250,000	Inventory	$4,000*
Gross Income	$400,000	Real Estate
Cash Flow	$120,000	Year Established	2001
FF&E	$20,000*	Employees	11-13 employees

* included in the asking price

** not included in the asking price

Great Supplemental Income Opportunity!!!

This established Hair Cutting Franchise is located on the south side of Denver. The business has a loyal customer base and has been in existence since 2001. The owner has another full-time job and runs this business part-time (5-10 hrs/wk) as an absentee onwer. The 2007 EBITDA was $72,000 (the cash flow above includes the manager's salary). This is a great opportunity for someone looking to supplement their income, someone looking for a part-time business they can mostly manage from home, or a professional stylist that would like to work and run their own business with a six-figure income. It should also be noted that the owner has a second location that they recently opened that is also available for sale for $150,000. All details on this opportunity will be provided with a sign Non-Disclosure Agreement AND Qualification Profile.

Facilities: Leased 1,300 square foot facility with 8 years left on current lease (including a 5 yr option). Ample parking available and building is in good condition.

Competition: While this is a competetive industry, this business has a particular niche and an established client base.

Growth/Expansion: A second store is also available for purchase as well as other new territory through the corporate franchisor.

Financing: Bank Financing Available & Seller will consider Financing

Support/Training: Franchisor will provide training as will the current owners.