Established Family Owned Seven-Unit Hair Salons

Listing Number: 76931-687615

Description

Seven family-owned hair salon units catering to both men and women of all ages including children. Business is known by customers for excellent service, quality products, and the friendly atmosphere.

First established in 2001, this well-recognized name is a turnkey operation with seamless systems in place. Each location has its own experienced and dedicated manager. The owner spending approximately 30 hours a week in the business.

As an established brand and network, business has a huge opportunity for a new buyer to franchise the concept. Rare opportunity to acquire a profitable business with growth potential.

Buyer must have $600,000 in cash at closing. Seller is prepared to seller finance the difference for a qualified buyer.

Listing Details

  • Price: $2,020,000
  • Down Payment: $2,020,000
  • Sellers Discretionary Earnings: $593,071
  • Total Sales: $2,614,804
  • Location: Texas

  • Inventory: $200,000
  • FF&E: $100,000
  • Employees: 71
  • Year Established: 2001
  • Reason for Selling: Owner Retiring
  • Category: Beauty/Personal Care
Established Family Owned Seven-Unit Hair Salons

Business Listed By:

Austin Zhao