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- RE: Profitable Franchise Kid's Hair Cuts Absentee
- Contact: Tony Keane
Quick Facts
Asking Price: | $110,000 | |
Annual Revenue: | $316,600 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $20,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $11,700 | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 6 | |
BBN Listing #: | 427244107 | |
Broker Reference #: | 76931-661391 |
Business Overview:
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-661391 National Franchised children’s haircutting service where haircuts are a fun experience for kids. The business comes with an established manager, staff team and customers. Cutting children’s hair can be a challenging experience but this national franchise has made it fun for kids and relaxing for the parents. Children can play games and have a fun time meanwhile a trained stylist is cutting/styling their hair. The business opened in January 2020. Revenues for 2023 were $317K, 2022 were $271K, and 2021 were $189K. An impressive revenue growth trend! The 2023 SDE was $20K. Currently there is a FT manager/stylist, 3 FT stylist plus 2 PT assistants operating the business. The owners manage payroll, purchasing, marketing and financial management. The monthly rent is approx. $3,703 including (NNN) for 1,051 square feet. Bring your energy to expand this business and take advantage of this opportunity. The sale includes FF&E, Leasehold Improvements and Franchise Fee. There is a Franchise Transfer Fee of $10,000 (buyer to pay). Buyers will need approval by Franchisor and attend franchise training program. DO NOT CONTACT FRANCHISOR PRIOR TO BEING REGISTERED BY SELLER.
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Property Features and Assets:
Monthly Rent: $3,703.00
Square Units (Foot, Meter): 1,051
Lease Expiration Date: November 29, 2029, 10:00:00 PM
Terms Options: 5 Year Option to renew
FF&E Overview: Cutting Stations and Services Stations plus Reception.
FF&E General Condition: Great condition only three years old.
Reason for Selling:
other business interests
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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