Supercuts-4 Store Cluster Semi-Absentee

Harris County, TX

Seller Financing Available
Supercuts-4 Store Cluster Semi-Absentee
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Asking Price: $395,000

Cash Flow: $129,546

Gross Revenue: $789,556

EBITDA: N/A

FF&E: $59,300

Inventory: $20,000

Rent: $15,000 /Month

Established: 2014

Supercuts-4 Store Cluster Semi-Absentee

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Business Description

Supercuts is ranked #1 in the 65 Billion Dollar U.S. haircare industry by Entrepreneur for 8 years in a row. Supercuts is a proud partner of the Houston Astros and has over 2,600 locations and serves 33 million guests each year.

The 4 franchised stores are located in a nice suburb of south Houston and are offered at a package price of $395,000, which includes $59,300 in FF&E, $195,000 in Leasehold Improvements, and $20,000 in Inventory. There are 16 employees including 3 Managers that oversee the stores.

Per owner's financials, sales in 2019 are projected at $789,500 with $129,550 in seller discretionary earnings. The owner will offer 2 weeks of training to ensure a smooth transition for the buyer.

This is a great opportunity for a buyer looking for a semi-absentee business that has growth potential. The seller has owned the business for 5 years and now wishes to pursue a larger investment opportunity.

Detailed Information

Location:
Harris County, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,242
Lease Expiration:
N/A
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
2 weeks
Reason for Selling:
other interests
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Contact the Seller

(from currently available funds)
 
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Ron Hankamer, Jr.

Business Listed By:
Ron Hankamer, Jr.

Transworld Business Advisors

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Sponsoring Broker:
Gerald G. Brisson, CBI, M&AMI, CMAP

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