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Business for Sale Overview:

This represents an excellent opportunity to own a potentially very large and currently income producing master license with 18 operating salons and room to add an additional 60+ salons in North and South Carolina. The associated franchise company has been consistently ranked in the top 50 franchise companies in the country as measured by Entrepreneur Magazine. Today, the franchise has over 1,400 salons in North America. This franchise has also been recognized by Black Enterprise Magazine and by the Franchise Times. The master license business currently for sale operates in Western North Carolina and most of South Carolina. The function of the master license owner is to recruit and train salon owners (franchisees) and help them to be successful by setting up the systems to help the salons grow. This company derives its income from new franchise sales and from the royalty income stream from the operating franchises. The hair care industry is large, growing and recession resistant and immune to technology and other competitive forces. Hair is always growing and the demand for more services and personal attention by today s consumer is creating a great opportunity for this business model.

Property Features and Assets:

2,500 sq. ft. of leased space with assumable lease in force through June 2008.

Market Competition and Expansion:

There is obviously competition in the haircare industry But at $55 Billion and growing, the industry has room for significant growth by quality franchise companies. A real strength of this concept is the fact that it is a full service salon for men and women and doesn't segment the market as others do. Retail sales of products is another advantage. Being part of a large and well recognized franchise will insure a competitive advantage. Huge growth potential. 18 salons are currently operational with room for 60 more in NC and SC.