Brand Name Blow Dry Bar With $330 K Sales, REDUCED

Business Overview:

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-671911

This blow dry bar business in the Sacramento area is one the top salon franchises in the country, and it is a brand that is growing exponentially with locations all across the country and in Canada. The brand coined the term “blow dry bar,” which is a salon concept that offers no cuts or color but provides gorgeous blow outs, custom styling, updos, bridal styling, makeup services and even hair extensions. The stylists are paid hourly vs. a commission-based system, and at a successful location, licensed stylists can make up to $28-30 an hour. With some owner involvement, there is no need for full-time management, but the business does benefit and grow with a qualified front desk receptionist/supervisor. Any stylists who are promoted to supervisory positions can continue to generate revenue. This location opened in in 2020 and is recovering from COVID and growing well, but due to family circumstances beyond the owner’s control, a lucky buyer will get a like-new blow dry bar in a very desirable area for about 1/3 the cost of opening a new location! A buyer will need to continue building the business, but there is a great foundation and excellent operations and marketing support from the franchisor.

At a $150,000 price tag, any buyer could get this stunning business in its ideal location in the Sacramento area for approximately 1/3 of what it costs to open a brand-new franchise of this blow dry bar brand. The business is situated in a busy and trendy shopping area, and the modern buildout of the salon is trendy and appealing. Any potential buyer could invest in marketing and hiring to see the revenue and profitability increase dramatically depending on how many stylists and makeup artists are hired and by ramping up additional services like hair extensions. A salon this size in the franchise can easily generate well over $500,000 in annual sales. The salon was built out in 2020 and all furniture, fixtures and equipment are in fantastic condition, and the custom millwork alone is worth well over $60,000. Revenues were over $330,000 in 2022 and close to $350K in 2021. The business is profitable, but there is ample room to grow sales and SDE.

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Property Features and Assets:

Monthly Rent: $5,000.00 Square Units (Foot, Meter): 1,423 Terms Options: One 5 Year Option

Market Competition and Expansion:

Any potential buyer could invest in marketing (Google Ads, Facebook, Instagram, etc.), add a variety of products for retail sale and add new services to see the revenue increase depending on how many additional stylists the buyer chooses to hire and services offered. In truth, this is such a new location that all it needs is effort and time to continue to grow. Potential Sources of Sales and Revenue Growth Include: • Adding 3-6 stylists, including makeup artists • Retail product sales • Membership-based options to generate guaranteed monthly revenue in exchange for a set number of services per month. Some franchise partners have over 150 members and others are close to 200 members. At a $90/month recurring charge, this could mean over $15,000 a month in recurring revenue • Growing the hair extension and makeup service portion of the business • Investing in marketing—Google Ads, Facebook, Instagram, Events

Reason for Selling:

Other Opportunities

Additional Details:

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