Two National Franchise Salons For Sale

Arvada, CO (Jefferson County)

Two National Franchise Salons For Sale
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Asking Price: $50,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $8,000*

Rent: $2,819.11 /Month

Established: 2017

*not included in asking price.

Two National Franchise Salons For Sale

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Business Description

Buy at a Substantial Discount - Great Opportunity!

This is a fantastic opportunity to purchase two national hair salons at a discount. The salons offers a full range of hair care and cutting services for men, women and children. The concept is a full-service hair salon with higher-end services at value pricing in high traffic locations. All the one-time startup costs have been paid: franchise fee, tenant improvements and furniture, fixtures and equipment. There is a franchise transfer fee per store.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,428
Lease Expiration:
4/30/2023
Employees:
5
Facilities:
Each location includes about $110,000 in leasehold improvements including furniture, fixtures and equipment.
Competition:
The salon provides women's haircuts, men's haircuts, kid's haircuts, color service, perms, styling and waxing and selling popular branded hair products. High quality services are offered at value prices and strategically placed to serve that economic target market. There are no other competition in this specific market segment but there are other value salons that offer lower end services.
Growth & Expansion:
There is a great potential for growth and opportunity for an active owner to take a hands-on approach with marketing to establish each salon within their respective communities to build visibility of local ownership. Maximizing social media, online and email promotions and partnering with area organizations would boost visibility and revenues. In addition, there is future potential to add other franchise units to the group.
Support & Training:
Free training for 2 weeks and email support for 6 months. A knowledge of basic accounting, management and marketing would be a benefit. The new owner will attend the Franchise training to learn the formula for success.
Reason for Selling:
Personal/family reasons
Franchise:
This business is an established franchise
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Business Listed By:
Michael Terada

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