Hair salon franchise license at a discount

Austin, TX (Travis County)

Hair salon franchise license at a discount
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Asking Price: Get Financing: $25,000

Established: 2014

Hair salon franchise license at a discount

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Asset Sale Description

This is an opportunity to acquire a license at a $5,000 discount from an existing franchisee to start and operate a hair salon franchise. This is one of the oldest and most well-established full-service unisex salon franchise in the nation with more than 1,100 units nationwide over the past 40 years. This franchise offers customers current styles at affordable prices in a convenient atmosphere. They offer cuts, styling, color and facial waxing — which drives up the average ticket price. That means larger profit margins from the same level of investment you might make in a competitors’ salons.

You don’t need any salon experience to open your own this salon franchise; you just have to be passionate about people and have good business sense. We’re seeking franchise candidates with a minimum liquidity of $60,000 and a net worth of at least $200,000. You can open your own salon for about $185,000. To start a conversation about this franchise opportunity, please fill out the NDA and contact the broker. We look forward to hearing from you!

Detailed Information

This is a license for a hair salon from an existing franchisee. There are currently no assets tied to this business. The regular cost of a license is $30,000, and this one has been discounted to $25,000. The buyer will be responsible for build-out of the salon to completion. The estimate for this cost, inclusive of the franchise license cost, is about $180,000.
Support & Training:
The franchisor offers new franchisees extraordinary field support. Many members of their support team have 20-plus years as successful managers and owners themselves, so they understand what it means to learn a business from the ground up. They provide education to stylists three times a year to make sure they stay on the forefront of the latest in hair care. This business concept is a state-of-the art salon offering a full array of services and products, and they provide their franchisees with as much guidance and support as possible to help them make the most of franchise ownership.
Reason for Selling:
Existing franchisee can no longer focus on build-out of a new franchise.
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Kyle DeHaas

Asset Sale Listed By:
Kyle DeHaas

DeHaas Consulting

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