Two Franchise Hair Salons for Sale as a Package

Not Disclosed, FL
Sarasota County

Two locations in Sarasota County

Asking Price: Annual Revenue:
$350,000 $1,302,857

Services: Hair, Nails, Spas, Tanning

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RE: Two Franchise Hair Salons for Sale as a Package Broker: Jeffrey M Jump
License #: BK3386806

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,302,857
Net Profit: $133,940
Cash Flow: $145,277
Total Debt: $158,124
FF&E: $149,420
Real Estate: Not Disclosed
Year Established: 2005
Employees: 23
BBN Listing #: 76063972
Broker Reference #: 8012-00007

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Business Overview:

Two franchise hair salons for sale as a package only. You do not need to be a trained stylist to purchase or own. This is a well know franchise and established for over 30 years in the United States. The stores are clean and professional. The franchise has a great well known brand with good support from the franchisor. The numbers in this basic listing agreement are consolidated. The seller does not have seperate book keeping for each location, however, we do have individual sales performance. The Florida Master Franchisor is located only an hours drive away. The franchisor will provide training to a new owner.

The larger salon is constantly ranked as the #1 salon in Florida and in the top 3 nationally. The larger salon has 21 stations and resides in a Publix shopping center.

The second salon is located across the street from a busy shopping center and 40 minutes south, or 28 miles, of the larger store.

The seller has spent the last 6 months cleaning up the processes of the salons and executed several digital marketing campaigns and have turned sales from trending down to trending up. Based on the past 4 months, with the current staff, sales should increase 7% to 10% month over month through 2023.

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Property Features and Assets:

Leased locations in strip malls.

Market Competition and Expansion:

See Confidential Business Review for more information.

Reason for Selling:

Other 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 a franchise resale opportunity.

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