Business Overview:
This is an excellent opportunity for a new owner to step into a franchise business that is positioned for growth. The current owner has run this popular hair salon absentee with no involvement for many years. However, the lack of passion and focus on the business has resulted in sub-par performance and out of line ratios from the franchisor perspective.
The opportunity is being offered at likely half of what it would cost to build out a new franchise of this nature, and has excellent cash flow prospects under more focused ownership, which can remain absentee. The business is currently cash positive and netted just under $60K in its peak year. The owner has also recently created the opportunity for a new owner to negotiate a lower lease rate coming in, immediately adding to the bottom line. Add to that the support of a solid franchise that spends $250,000 on marketing regionally and you have an excellent foundation for return.
Grif Frost, E2 visa business specialist for Japanese buyers on the Big Island of Hawaii has identified this as an ideal opportunity for obtaining an E2 visa and own a profitable business in paradise through effective management, making your dream of living and working in paradise not far off.
If you are looking for a primed growth opportunity at a low upfront investment, then get behind this solid franchise in a store being offered well below start-up costs. General business management experience and qualifying financials are the only requirements, and this need not be owner managed to accommodate the turn-around!
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Excellent facilities and location in high traffic shopping center, all FF&E in good condition.
Reason for Selling:
Owner Moved
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.