3 Well Established Franchise Hair Salons

Kingston, NY
Ulster County

Asking Price: Annual Revenue:
$75,000 $410,938

Services: Hair, Nails, Spas, Tanning

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RE: 3 Well Established Franchise Hair Salons Broker: Trent Lee
License #: S.0183611.LLC
Owner Financing is Available!
$50,000 down payment with balance over 18 months at interest rate 6%

Quick Facts

Asking Price: $75,000
Annual Revenue: $410,938
Net Profit: $38,556
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 12
BBN Listing #: 61495142
Broker Reference #: 101-21938

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Business Overview:

Multiple location (3 location) hair salons, each one located inside a major shopping destination/brand. The owner puts in less than 15 hours a week and is not a stylist. Support and Training will be outstanding ensuring a smooth transition. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978) at trent@fcbb.com

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.

Property Features and Assets:

This has three locations. Lease Location # 1 of 907 square feet, Location # 2 832 square feet and Location # 3 of 828 square feet with a monthly rent of 16% or capped at $5,600 rent per location. Seller is active with 5 FT and 7 PT employees. Hours of operation are 9am – 7pm Monday to Sunday. $12,000 in inventory and $5,000 in FF&E included in the asking Price.

Reason for Selling:

Owner is too busy with his other business

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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