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Business For Sale

Franchised Hair Salon

Nicholasville, 6 miles from Lexington, KY, USA

Services: Hair, Nails, Spas, Tanning

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$98,000
$175,200
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2004
6
700918435

Business for Sale Overview:

Fantastic Sams is one of the largest full service hair salon franchises in the United States. As a full service salon, Fantastic Sams fills a large niche that no one else is exploiting. With low cost single service providers on one end; and expensive independent salons on the other end; no one but Fantastic Sams fills the large gap in the middle-the full service salon at reasonable prices. This is so important in todays economy as the hair care business is recession resistant and immune to technology and other competitive forces. This salon has a very loyal clientele with a repeat guest count of 80%.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

1,300 square feet with 8 stylist stations, three shampoo bowls and three dryers. Rent is $1,540 per month and leased. Lease expires August 2010 and renewable in 3 year increments. The shop is located in a shopping center with Office Depot as the anchor and across Main Street from Wal-Mart. We are located in between a restaurant and a bank which results in high traffic volume and exposure.

Reason for Selling:

Illness in family

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.

Resources:

 

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