Business For Sale

Franchise Resale Package - 5 Salon Locations

Not Disclosed, WA
Snohomish County


Asking Price: Annual Revenue:
$100,000 $568,721

Services: Hair, Nails, Spas, Tanning


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RE: Franchise Resale Package - 5 Salon Locations Broker: Claudia Smith

Quick Facts

Asking Price: $100,000
Annual Revenue: $568,721
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 18
BBN Listing #: 96644955
Broker Reference #: 8002-14462

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Business Overview:

This is a rare opportunity to purchase a package of five top national hair care brand operating beauty salons at a discount. The salons offer a full range of hair care and cutting services for men, women and children. The concept is a full service hair salon with below competition pricing in high traffic locations. All the one-time start-up costs have been paid: franchise fee, tenant improvements and furniture, fixtures and equipment. A Regional Manager runs the day to day operations so that everything is set in place to create a successful manager-run hair salon. There is a $2,500 transfer fee per store.

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Property Features and Assets:

Each location includes $80,000 in leasehold improvements as well as furniture, fixtures and equipment. Detailed information will be furnished to qualified prospects. Rent is equal to 16% of sales per location. All decor, equipment, fixtures, hair stations, shampoo stations, restrooms have been installed and are included in the sale for all 5 stores. Each store had an expenditure of $80,000 or a total of $400,000 in tenant improvements paid by previous owners. Total Assets; $650,000.

Market Competition and Expansion:

The majority of the marketing effort has been through the joint Regis campaigns that include television spots placed in select area viewing markets. Their have been no significant resources expended on marketing. There is a great potential for growth and opportunity for an active owner to take a hands-on approach with marketing to establish each salon within their respective communities to build visibility of local ownership. Maximizing social media, online and email promotions and partnering with area organizations would boost visibility and revenues. In addition, there is future potential to add other franchise units to the group.

Reason for Selling:

Business partners relocating.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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