Absentee Owner Hair Salons - New Low Price

Not Disclosed, NJ
Warren County

Warren County

Asking Price: Annual Revenue:
$49,000 $305,400

Services: Hair, Nails, Spas, Tanning

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RE: Absentee Owner Hair Salons - New Low Price Broker: Cheryl Venezia

Quick Facts

Asking Price: $49,000
Annual Revenue: $305,400
Net Profit: Not Disclosed
Cash Flow: $35,780
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 6
BBN Listing #: 16674955
Broker Reference #: 3407-16957

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Business Overview:

Easy to run franchised hair salons - fantastic price includes inventory, established client base and trained stylists.

Two salons are included in the low price – seller motivated for quick sale.

Current owner runs absentee, works on average 10-15 hours/week, provides supplemental income.

In business for 10+ years
Great Locations inside Walmart, lots of foot traffic
Quality services at affordable prices for the entire family
2 salons included in low price,
2 stylists in first location, 6 stylists in second location
Room to hire more stylists in each location
Can Run Absentee or Owner Operator
Established brand, franchise system makes it easy to own and operate
Turn-key operation, no previous hair salon experience necessary

Everything is in place for the next owner to take over! Great business for someone to run 'on the side' or for an owner operator looking to expand.

Note inventory amounts fluctuate, inventory included to be determined at time of purchase.

Buyer responsible to pay Franchise Transfer Fee of $4,500 not included in Asking Price. Buyer will be subject to Franchisor approval and will be required to sign a Franchise Agreement.

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Property Features and Assets:

Salons are located inside Walmart, and are about 35-40 minutes from each other. One salon is 1000 sq ft with 7 hair stations and 2 hair washing sinks Second salon is 700 sq ft with 6 hair stations and 2 hair washing sinks Assets = $80,000

Market Competition and Expansion:

There are other salons in the area however these salons offer quality service at an affordable price. Increase staff levels.

Reason for Selling:

Retiring - moving out of the area.

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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