Owner Absentee Multi-Unit No.1 Hair Care Franchise

Not Disclosed, TX
Montgomery County


Asking Price: Annual Revenue:
$1,450,000 $1,664,009

Services: Hair, Nails, Spas, Tanning


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RE: Owner Absentee Multi-Unit No.1 Hair Care Franchise Broker: Shathi Govender
Owner Financing is Available!
450000.00

Quick Facts

Asking Price: $1,450,000
Annual Revenue: $1,664,009
Net Profit: Not Disclosed
Cash Flow: $332,262
Total Debt: Not Disclosed
FF&E: $375,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 626344107
Broker Reference #: 76931-230124

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Business Overview:

These 5 franchised hair salons (for men) offer a full-service gents haircut experience dedicated to consistently providing high customer satisfaction by rendering excellent service, quality products, and furnishing to create an enjoyable atmosphere. The salon is a venue where individuals can have their hair cut in a themed environment with TV screens everywhere showing various channels all day. All the stylists are trained and know how to give the clients the haircut that they desire. Turnkey operation, seller invested over 1.2M in FF&E and leasehold improvements. Motivated seller.

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Property Features and Assets:

Owner invested up to $200K seven years ago at each location in build-out and equipment. All locations are currently in leased strip centers located along high-traffic roads. Each location is between 1200 and 1600 SF with an approximate average monthly lease payment of $3,923.

Reason for Selling:

retiring

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.

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