Business for Sale Overview:
Sale includes 2 area development franchises for largest Int'l hair care company. Established in 1982, there are 865 locations across the US targeting value conscious families & men. Services included haircuts, styling, color & perms. Seller starte business in 2004. Currently has 6 locations; can grow to 22. Franchised territory includes 10 counties in NC and 2 in SC. Each salon is fully staffed with stylists and manager. 26FT & 7PT employees. Typical salon has 6 or 7 stylist stations, 2 shampoo bowls & 2 dryers.
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:
6,245 Sq. Ft. In Shopping Center; Lease/Month: 13,700; Terms/Options: Six renewable leases; Lease Exp. 1/1/2010;
Inventory: 64,000 Included in asking price;
FF&E: 202,000 Included in asking price;
Leasehold: 200,000; Franchise: 85,000.
Loan/Seller: 125,000 @7.50% for 36 Months; 375,000 Down
Reason for Selling:
Relocation - Abroad
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 not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.