Two Hair Salons / Franchise / Absentee Owner

Glen Allen, VA
Henrico County

Asking Price: Annual Revenue:
$59,000 $200,000

Services: Hair, Nails, Spas, Tanning

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RE: Two Hair Salons / Franchise / Absentee Owner Broker: Elizabeth Pena
Owner Financing is Available!

Quick Facts

Asking Price: $59,000
Annual Revenue: $200,000
Net Profit: Not Disclosed
Cash Flow: $30,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: Not Disclosed
BBN Listing #: 386743891
Broker Reference #: 9525-909548

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Business Overview:

This is a great opportunity to own two long-standing hair salons that are part of one of the most established franchise systems in the country.

The salons offer a full range of services, including haircuts, color, highlights, perms, keratin smoothing treatments, special occasion hair styling, and facial waxing, all at affordable prices. Each location has up to eight stations with a store manager at each location.

The owner is not a stylist and runs the business absentee. The SDE advertised is for the owner-operator model post-pandemic sales. These two locations are being sold at a fraction of the cost of opening a single new franchised salon.
The salons will be sold with fully trained staff, and the franchisor and current owner will provide transitional training.

- Reason for Sale: Relocation
- Save $200,000 for 2 locations (Total Startup Cost: $130k per location)
- Option to purchaser one location.
- Sale Price does not the franchise transfer fee.

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:


Additional Details:

  • The property is leased.
  • The owner is not 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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