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Turnkey Multi-Unit Hair Salon Franchise Opportunity

Bergen County, NJ

Turnkey Multi-Unit Hair Salon Franchise Opportunity
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1,644,646

EBITDA: $188,598

FF&E: N/A

Inventory: N/A

Established: 2000

Turnkey Multi-Unit Hair Salon Franchise Opportunity

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Business Description

This turnkey operation presents the opportunity to own seven (7) well-established and operationally sound franchise hair salon units located in densely populated areas of New Jersey and Pennsylvania. These locations come fully-staffed and the company has a management team in place that oversees all locations. The salons are strategically located in either Class A or B+ strip malls featuring high profile anchor stores allowing for increased foot traffic. All seven locations are in compliance with health and sanitation laws and all stylists hold a valid cosmetology license.

The franchisor is an award-winning, leading hair care brand both in the U.S. and internationally. The franchisor provides quality support to franchisees through back office systems, proven marketing techniques, and training. Hair stylists for every location are trained and certified through the brand’s unparalleled education program.

The hair care industry is an optimal investment to consider due to the fixed necessity of hair care services. It is one of the few industries that remain technology resistant and recession resistant.

Our client has identified further growth opportunities through continued expansion. Based on operational and organizational efficiencies, this franchise group can easily expand to 20 locations.

Detailed Information

Location:
Bergen County, NJ
Inventory:
Included in asking price
Employees:
8FT, 40 PT
Facilities:
There are seven leased locations in Class A and B+ strip malls, all with ample and convenient parking available.
Competition:
The $61.4 billion-a-year hair care industry is expected to grow at a steady rate year-over-year based upon increases in consumer spending. Local competition exists.
Growth & Expansion:
Owners have identified a detailed, planned acquisition strategy. There are multiple nearby acquisition opportunities available to drive increased success and profit.
Support & Training:
The current owners will assist a new owner in not only a smooth transition, but with the plan for acquiring additional locations.
Reason for Selling:
Owners wish to focus on other interests.
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Joseph Kerr

Business Listed By:
Joseph Kerr

Calder Associates, Inc.

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Sponsoring Broker:
Calder Associates Business Brokers

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