Business For Sale

Franchise Hair Salon-two locations! 242

Saint Louis, MO
St. Louis County

St Louis County


Asking Price: Annual Revenue:
$149,000 $645,233

Services: Hair, Nails, Spas, Tanning


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RE: Franchise Hair Salon-two locations! 242 Broker: Ben Strake
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Quick Facts

Asking Price: $149,000
Annual Revenue: $645,233
Net Profit: Not Disclosed
Cash Flow: $50,559
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 16
BBN Listing #: 470147756
Broker Reference #: 242

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Business Overview:

Price Reduced! Profitable Franchise Hair Salon for sale with two locations around St. Louis. Sellers are ready to retire and do some traveling. They want to find a good buyer who can help take these stores to the next level. They prefer to sell both units together and willing to help train the new owner during transition. Great staff in place, many (7+) with the company over a decade.

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Property Features and Assets:

Building Information: #1 Business: 1,600 sq. ft. - Lease - Gross Monthly Rent $3,066.66 per month. #2 Business: 1,386 sq. ft. - Lease - Gross Monthly Rent $3,769.80 per month

Market Competition and Expansion:

Competition: Other Beauty & Hair Businesses Expand: Add Stylist/Remodel/Marketing/Events

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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