Listing Number: 76931-687615
Seven family-owned hair salon units catering to both men & women of all ages including children. Business is known by customers for excellent service, quality products, and the friendly atmosphere.
First established in 2001, additional locations were opened up until recent years.
Well-recognized name, turnkey operation with well-established system. Each location has its own experienced and dedicated managers. The owners and their son are sharing the duties of General Manager, spending about 30 hours a week in the business.
Total revenue was $2,614,804 with SDE of $637,427 and EBITDA of $571,427 in 2018.
As an already established chain of hair salons, business has a huge opportunity for a new buyer to franchise the concept. Rare opportunity to acquire a profitable business like this one.
- Price: $2,100,000
- Down Payment: $2,100,000
- Sellers Discretionary Earnings: $637,427
- Total Sales: $2,614,804
- Location: Texas
- Inventory: $280,000
- FF&E: $100,000
- Employees: 71
- Year Established: 2001
- Reason for Selling: Owner Retiring
- Category: Beauty/Personal Care