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Asking Price:	$95,000 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	The owners don’t have the time to run the store.
Year Established:	2003
# of Employees:	6-8
Yearly Revenues:	$215,000
Yearly EBITDA:	$10,000

Business for Sale Overview:

This exciting franchise operation started in 2003. Owner income and involvement have varied over that time. A new owner will have a manager and staff in place the first day after closing. The business model is smart, simple, and most of the training is conducted right in the Denver metro area. Current owners simply do not have the time to operate the store due to other commitments and job responsibilities. Many men do not feel comfortable in “spas” and “salons”. This is a chance to own a place that has been created to create a Championship Haircut Experience for men and boys in an exciting sports environment. Sport Clips is for the male Client to get a terrific haircut at a reasonable price in a comfortable sports environment.

Property Features and Assets:

Located in Denver/Boulder (Colorado) metro area the store is 1,173 square feet. The store is in a relatively small shoppette with several other notable location partners. Good entry parking. Newer residential development is immediately adjacent.

Market Competition and Expansion:

Strengths: Ease of operation; no receivables. No early or late hours. Cost effective, competitive product. Store and area are growing. Opportunities: Current owners have been absentee. Hair cutting skills not required, but the ideal buyer should have good business skills and time to actively operate the business.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.