Listing Number: 76931-519373
This is a rare opportunity to acquire a profitable 14 unit collection of the nation’s leading men’s and boys-focused hair care franchises. In 2021 this franchise ranked in the “Top 20” of Entrepreneur’s “Franchise 500" and is sold out of territories across the entire Greater Houston region.
This franchise has systems and processes put in place to operate as a semi-absentee / fully absentee ownership and the franchise is constantly staying ahead of the game and always looking for ways to innovate, improve and grow so that their franchisees are successful.
The owner currently spends approximately 5-10 hours a week managing these 14 locations but has very little involvement in the actual day-to-day operations. With over 130 employees and managers at every location, these stores are running effectively and efficiently without the involvement of the owner while generating an EBITDA of almost $2,000,000 annually.
The cost to build 14 locations from the ground up can easily cost well over $3.9 million and you start with zero cash flow.
During the pandemic, when the economy began to open back up the very first place millions of Americans went, was to get their hair cut! To this day, many salons are booked solid and things haven’t slowed down. This shows how essential hair care is to our way of life.
If you’re ready to join a multi-billion-dollar hair salon industry that has been recession-resistant and pandemic-resistant this may be a good opportunity for you.
For more information please submit a request on this site or please contact me directly.
- Price: $ 13,000,000
- Down Payment: $13,000,000
- Sellers Discretionary Earnings: $ 1,796,542
- Total Sales: $ 6,247,869
- Location: Harris County, Texas
- Inventory: $ 0
- FF&E: $ 1,750,000
- Employees: 130
- Reason for Selling: Other Opportunities
- Category: Beauty/Personal Care