Long Established Franchised Hair Salon

Not Disclosed, MI


Asking Price: Annual Revenue:
$50,000 Not Disclosed

Services: Hair, Nails, Spas, Tanning


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RE: Long Established Franchised Hair Salon Broker: Inquiry

Quick Facts

Asking Price: $50,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 6
BBN Listing #: 47912679
Broker Reference #: B2605

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Business Overview:

This is an excellent opportunity to own a Fantastic Sams hair salon in Southeast Michigan. It is located in a beautiful plaza with great visibility. This salon is fully equipped and turn key. The salon has 7 stations. Services include Hair Cuts, Color Services, Styling, Texture, Shaping and much more. They also sell a variety of professional hair care products.
There are currently 6 stylists working, adding 1 stylist to the wonderful team can further increase sales. Owner is not a stylist. It will be ideal if the buyer is a stylist to fill the vacancy. The business pays $682.40 per week to the Franchise which includes weekly Franchise fee, national advertising fee and regional advertising fee. The asking price includes franchise transfer fee of $7,500 and the seller will also pay $5,000 for new signage. Don’t miss out on this amazing opportunity to own your own salon. Call us today!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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.

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