Barbershop Co Master Franchise - Salt Lake City

Salt Lake City, UT
Salt Lake County

Asking Price: Annual Revenue:
$125,000 Not Disclosed

Services: Hair, Nails, Spas, Tanning

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RE: Barbershop Co Master Franchise - Salt Lake City Broker: Christopher Chasen

Quick Facts

Asking Price: $125,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $160,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 1
BBN Listing #: 515855264
Broker Reference #: CCDM103

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Business Overview:

This established business is the Master Franchise developmental rights to a 3 million plus population throughout the Salt Lake City and NE Nevada area. The parent company is seeking a partnership with a new Master with executive or upper level management experience. This well-established, successful barbershop company is expanding at an incredibly rapid pace! Single unit shops average a very healthy profit in their first year, and quickly ramp up to six figure incomes. The barbershop industry is the fastest growing segment of the $26 billion haircare industry.

- Semi-Absentee Business Model
- Strong, quick producing potential income
- Very recession resistant & technology proof
- Haircare experience not necessary / Management skills a plus

The new Licensee will utilize their executive management skills to usher in new sub-franchisees and ensure current franchisees adhere to brand standards. The Master will split all franchise fees and royalties with the established parent company, collecting 50% of net franchise fees for each new franchisee and 40% of the ongoing royalties of each unit franchisees top-line revenues. The franchise fees alone for this market could equate to more than $150k for the new master. Future revenue and cash estimates are incredible! This could be the opportunity of a lifetime for the right individual, don’t miss out!!!

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Property Features and Assets:

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Market Competition and Expansion:

Huge growth potential for additional, new units

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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