Two Popular Men's Hair Salon Franchises

Listing Number: 76931-805194

Description

These two hair salons (for men) offer a full-service gents haircut experience dedicated to consistently providing high customer satisfaction by rendering excellent service, quality products, and furnishing to create an enjoyable atmosphere. The salon is a venue where individuals can have their hair cut in a sports theme environment with TV screens everywhere showing various sports channels all day. Each location has between 6-7 employees including one full-time manager and assistant manager on staff. All stylists are trained and know how to give clients the haircut that they desire. Owner invested over $200K in each location for build-out and leasehold improvements. Each of the two locations is being absentee operated. Earnings are $90,000 EBITDA as an absentee/passive investor. An owner-operator can easily earn an SDE between $130,000-145,000 annually, actively managing and providing styling services.

Owner is prepared to sell both locations together at $450,000 (OR BEST OFFER) or each of the locations separately.

Location 1:
Revenue 2017: P&L, 364,575.89.
EBITDA: $82,461.16

Location 2:
Revenue 2017: P&L, $226,256.17
EBITDA: $10,233.90

Listing Details

  • Price: $450,000
  • Down Payment: $450,000
  • Sellers Discretionary Earnings: $90,000
  • Total Sales: $600,000
  • Location: Harris County, Texas

  • Inventory: $3,000
  • FF&E: $200,000
  • Employees:
  • Year Established: 2000
  • Reason for Selling: Other business interests
  • Category: Beauty/Personal Care
Two Popular Men's Hair Salon Franchises

Contact Agent:

Shathi Govender