Well Established Hair Salon Franchise

Wichita Falls, TX
Wichita County

Las Vegas

Asking Price: Annual Revenue:
$25,000 $162,351

Services: Hair, Nails, Spas, Tanning

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RE: Well Established Hair Salon Franchise Broker: Trent Lee
License #: S.0183611.LLC

Quick Facts

Asking Price: $25,000
Annual Revenue: $162,351
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 5
BBN Listing #: 70185142
Broker Reference #: 101-21389

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Business Overview:

This is a well know hair franchise with absentee owner. This is an asset sale only, POS system will verify gross revenue but there are no financials, which is why the business is being sold so cheap. This is priced to move fast. Seller spends over $175,000 in startup and build out expenses. Ideal buyer is someone who has 10-15 hours per week to help manage and grow the revenue. Support and Training will be outstanding ensuring a smooth transition. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away. For a quick response to your inquiry, please contactl listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978).

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.

Property Features and Assets:

This is a leased location of 1,400 square feet with a Total monthly rent of $2,741. Lease ends 06/2023 with One 5-year options. Seller is active with 2 FT and 3 PT employees. Hours of operation are 9am-7pm Tuesday to Friday, 9am-6pm Saturday and 12pm-5pm Sunday. $2,000 in inventory and $40,000 in FF&E included in the asking Price. $75,000 made in leasehold improvements. Cosmetology establishment license required.

Reason for Selling:

Seller too busy with day job

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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