Established Family Owned Seven-Unit Hair Salons | Transworld Business Advisors
UA-80176035-1

Established Family Owned Seven-Unit Hair Salons

Listing Number: 76931-687615

Description

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 for 2018 reflected $2,614,804, and a rewarding SDE of $593,071 (EBITDA of $527,071).

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.

Seller Financing is available to 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

Business Listed By: