Kids and Family Haircuts Franchise in Broward County

Margate, FL (Broward County) (Relocatable)

Seller Financing Available
Kids and Family Haircuts Franchise in Broward County
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Asking Price: $189,000

Cash Flow: $100,000

Gross Revenue: $400,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,099 /Month

Established: 2019

Kids and Family Haircuts Franchise in Broward County

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Business Description

3 territories which sell for 360k from franchisor, plus buyer will pay additional 42,000 per unit to conform to newest Sharkey's image. You can pick your location with lots of open areas. All training done with franchisor. Focused on kids haircuts and also has family haircut days, social events, birthday parties, make-up days, etc. Very upscale and state the art look. Owner has other interests. Value if purchased new from franchisor is in excess of 360k. Perfect opportunity for passive income. Multi-units are encouraged by franchise company's model with all systems in place geared towards absentee ownership. Excellent concept at a largely discounted price! Please refer to listing 0101878258, Business Broker Gary Lengel when you inquiry about this listing.

Detailed Information

Location:
Margate, FL
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
2/23/2024
Facilities:
Lease/Month: 4099 Square Footage: 2000 Building Type: shopping center Terms & Options: 5 year option Expiration Date: 2/23/2024
Competition:
Non Compete : Miles: 15 Years: 5 Weeks
Financing:
Loan/Seller - Amt: 50,000 Mos: 60 Rate: 7.00 Mo Pmt: 990.06
Support & Training:
For one week at no cost
Reason for Selling:
Owner has other interest
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Gary Lengel

Business Listed By:
Gary Lengel

Transworld Business Brokers, LLC.

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Sponsoring Broker:
Andrew Cagnetta

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