Profitable, Well-Run & Established Men's Upscale Grooming Salon

Charlotte, NC (Mecklenburg County) (Relocatable)

Seller Financing Available
Profitable, Well-Run & Established Men's Upscale Grooming Salon
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Asking Price: $364,000

Cash Flow: $91,750

Gross Revenue: $425,036

EBITDA: $60,892


Inventory: N/A

Established: 2005

Profitable, Well-Run & Established Men's Upscale Grooming Salon

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Business Description

Having served the gentlemen of the upscale Ballantyne Charlotte area since 2005, this profitable men’s grooming salon has enjoyed consistent growth. With its prime location near the Ballantyne resort and large corporate center, this business caters to those white- collar professionals, offering hair care and grooming services specifically tailored to meet the needs of their clients.

A few of the advantages to owning this franchise would include:

• A 12-year established clientele
• Prime, upscale location
• Beautiful, clean, comfortable facility
• Excellent published reviews
• Excellent management and staff already in place
• Franchise consultant support at no additional cost
• Owning a franchise that has been named to the exclusive Entrepreneur-Franchise
500 in 2017

This business is perfect for a new, fully engaged owner to take it to the next level. This rare opportunity will not last for this successful salon with an exemplary reputation, and includes an opportunity to pick up a new franchise location!

Detailed Information

This business enjoys a fabulous location near the Ballantyne resort and large corporate center, with plenty of parking and 1,200 SF of space.
With many competitors in the market area, this business competes on the basis of superior customer service.
Growth & Expansion:
This business is a fast growing market segment of men’s grooming. This franchise concept is the market leader in its segment nationwide.
Seller might consider some financing to the right, qualified buyer.
Support & Training:
Negotiable – seller will help with transition to a new owner.
Reason for Selling:
Owner pursuing other business interests.
This business is an established franchise
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(from currently available funds)
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Joe Vagnone

Business Listed By:
Joe Vagnone

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

Sponsoring Broker:
Jeff Snell, CM&AP, M&AMI, LCBI, ABI

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