Supercuts - 3 Store Cluster Semi-Absentee

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$310,000 $640,485

Services: Hair, Nails, Spas, Tanning

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RE: Supercuts - 3 Store Cluster Semi-Absentee Broker: Ron Hankamer
Owner Financing is Available!

Quick Facts

Asking Price: $310,000
Annual Revenue: $640,485
Net Profit: Not Disclosed
Cash Flow: $83,173
Total Debt: Not Disclosed
FF&E: $46,500
Real Estate: Not Disclosed
Year Established: 2014
Employees: 16
BBN Listing #: 10544107
Broker Reference #: 76931-611219

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Business Overview:

Supercuts is ranked #1 in the 65 Billion Dollar U.S. haircare industry by Entrepreneur for 8 years in a row. Supercuts is a proud partner of the Houston Astros and has over 2,600 locations and serves 33 million guests each year.

The 3 franchised stores are located in a nice suburb of south Houston and are offered at a package price of $345,000, which includes $46,500 in FF&E, $165,000 in Leasehold Improvements, and $12,000 in Inventory. There are 12 employees including 2 Managers that oversee the stores.

Per owner's financials, annual sales in 2019 were $640,485 with $83,173 in EBITDA. The owner will offer 2 weeks of training to ensure a smooth transition for the buyer.

This is a great opportunity for a buyer looking for a semi-absentee business that has growth potential. The seller has owned the businesses for 5 years and now wishes to pursue a larger investment opportunity.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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