Business For Sale

Niche Hair Salon Franchise-Rare Semi Absentee Own

Not Disclosed, MI
Oakland County


Asking Price: Annual Revenue:
$212,740 Not Disclosed

Services: Hair, Nails, Spas, Tanning


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RE: Niche Hair Salon Franchise-Rare Semi Absentee Own Broker: Lisa Stephens

Quick Facts

Asking Price: $212,740
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $85,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 2
BBN Listing #: 116851226
Broker Reference #: 88461-258278

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Business Overview:

Children's Hair Salon in a high traffic area in Metro Detroit, near other great retail stores. This is a Franchise business which will receive ongoing training and support from the corporate office. Current owner is not a cosmetologist but opened this business as an investment in 2018. Current lease will expire in 4.5 years. Great opportunity to own and grow a business as a semi-absentee owner. Great for stay at home parents that want to own a profitable business with extremely flexible hours. Much of the owner's responsibilities can be done remotely. Business details, including brand name, will be disclosed once a Non-Disclosure Agreement is signed. Additional 2 salon licenses in desirable territories included with the sale of this location. Current owner's personal circumstances have changed since the store opening in April 2018.

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Property Features and Assets:

Established Franchise Brand, with other successful franchisees in Metro Detroit.

Market Competition and Expansion:

Unique niched concept with a wide open market and high demand for this type of service. Seller has the license rights to 3 territories; 1 has been developed thus far with a built out physical store.

Reason for Selling:

Change

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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