Extraordinary Buy Major Hair Salon Franchise NC

Durham, NC
Durham County

Asking Price: Annual Revenue:
$35,000 Not Disclosed

Services: Hair, Nails, Spas, Tanning

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RE: Extraordinary Buy Major Hair Salon Franchise NC Broker: Ray Canoy

Quick Facts

Asking Price: $35,000
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: 1998
Employees: 7
BBN Listing #: 268542458
Broker Reference #: 7773-67078

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Business Overview:

Top 50 franchise resale offer haircuts and styles, up-dos, straightening, coloring, highlights, and texturizing. They also offer beard and mustache trims, facial waxing, as well as rejuvenating hair treatments for stressed or damaged hair. Their stylists are professionals who are always up-to-date on the latest styles and trends. The staff members are color specialists and receive training in central North Carolina. They keep this salon on the cutting edge. The current owner is an absentee owner and the business is truly turn-key. A new Franchise would cost between $136,000 and 246,000. Quality hair products add to the bottom line.
Selling Price of $35,000.00.

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Property Features and Assets:

This Salon has been in the same location since 1998.

Market Competition and Expansion:

Strengths: • Personalized customer service and commitment to quality with a stable clientele base • High quality hair care and hair care products • Great potential because of a recognizable brand name and quality hair care products Showing Comments Contact the broker. Potential Growth Markets: All the original franchise territories are chosen by the Franchisor to insure lower risk for a new owner. The opportunity is there for the taking. This opportunity is based on a Franchise system tested by the area demographics. A startup would take more investment and time to realize the community standing that this recognizable brand name presents. It is located in a high traffic strip center anchored by Kroger. The location is in very close proximity to a major mall just off of an interstate highway. Housing developments and rented office space are located in close proximity. The population in this zip code was above 42,000 in 2014 according to www.bestplaces.net . With continued growth of a townhome community priced from $250,000 to $308,990 and 175 units in the process of being built just down the road from this location this is an excellent opportunity.

Reason for Selling:

Other interests

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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