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Business For Sale
HAIR SALON
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Asking Price: |
$175,000
USD USA Dollars
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Business for Sale Industry: |
Services: Hair, Nails, Spas, Tanning
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Reason for Selling:
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Oner transferring out of country |
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Year Established:
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2002 |
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# of Employees:
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6 |
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Yearly Revenues:
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$148,614 |
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Yearly Gross Income:
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$145,837 |
Business for Sale Overview:
A franchised hair salon for men, women and children, not just one segment of the population. Provides a full range of salon services including color, styling, perms, and cuts along with two stand up tanning booths. This franchise is ranked #2 in the Hair Care Category and #39 in the Franchise 500 by Entrepreneur Magazine. You won't have to start from scratch when you own this franchise. All the systems that you'll need to get your salon going are already in place and running smoothly. Fantastic Sam's also provides you with support from a regional office in Eau Claire. The regional staff stays close to new owners to help you get established and help with marketing programs, computer systems, inventory methods and continuous training, along with recruiting and retention programs. Currently only 6 of the 8 chairs are used, so you could add two stylists and potentially increase your income by 25%.
Property Features and Assets:
Location is in a strip mall with a Rocky Rococo, Subway, and US Cellular. It is across the street from a Super Menards, Festival.
Market Competition and Expansion:
Affiliated with a strong brand image of Fantastic Sam's, you take full advantage of an established, exciting brand image supported by a multi-million dollar marketing and advertising program. The current owner uses Val Pak, and coupons at Pick N Save and Festival Food stores on the back of the register receipts along with yellow page ads.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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