Kids' Hair Salon: Profitable Turnkey Business

Business Overview:

This national franchise resale focuses on providing children haircut services in a fun atmosphere making it a welcoming experience for kids. Children can play games and have a fun time meanwhile a trained stylist is cutting/styling their hair. This location first opened in 2021 and comes with an established manager, staff team and repeat customer base. Revenues for 2023 were $252,954K, 2022 were $238,722K. A good revenue growth trend! The 2023 SDE was (-$8,898)K. Currently there is a FT manager/stylist, 2 FT stylists plus 3 PT stylists and 2 part time receptionist operating the business.
The owners manage payroll, purchasing, marketing and financial management. The monthly rent is approx. $4,494 including (NNN) for 1200 square feet of space. 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. Initial start-up costs for this type of franchise are $172,420 to $221,495 (per franchisor information).
Instead of starting brand new this business includes a customer base, ongoing revenue, and staff all for a lower investment. A great deal to enter the $5 billion children’s haircutting business with revenues day one. DO NOT CONTACT FRANCHISOR PRIOR TO BEING REGISTERED BY SELLER. >>

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Property Features and Assets:

Monthly Rent: $4,494.20
Square Units (Foot, Meter): 1,200
Lease Expiration Date: November 30, 2027, 2:00:00 AM
Terms Options: Two 5 Yr. Renewal Options
Facilities: Shopping Center
FF&E Overview: Salon Equipment, Children's Vehicle Chairs, XBox Gaming Chairs, Manicure Station, POS.
FF&E General Condition: Good Condition

Market Competition and Expansion:

Expansion:

Longevity and Brand recognition will probably bring the biggest growth opportunity over the next couple of years. The children’s haircut industry is valued at $5B annually, (franchisor website). This unique business model will continue to attract children and their parents as the place to go for haircuts.
External factors that will contribute to growth include, high population growth. Internal factors that will contribute to growth including hiring additional stylists.

Reason for Selling:

Not enough bandwidth with FT job and Family. Kindly ask the seller for more information.

Additional Details:

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