Listing Number: 76931-661391
Description
National Franchised children’s haircutting service where haircuts are a fun experience for kids. The business comes with an established manager, staff team and customers. Cutting children’s hair can be a challenging experience but this national franchise has made it fun for kids and relaxing for the parents. Children can play games and have a fun time meanwhile a trained stylist is cutting/styling their hair. The business opened the location January 2020. Revenues for 2022 were $271K, 2021 were $189K. 2023 is on track to gross over $320K. The business expects SDE to be $24K for 2023, a 22% investment return. Currently there is a FT manager/stylist, 3 FT stylist plus 2 PT assistants operating the business. The owners manage payroll, purchasing, marketing and financial management. The monthly rent is approx. $3,703 including (NNN) for 1,051 square feet. Bring your energy to expand this business and take advantage of this opportunity. Sale includes FF&E, Leasehold Improvements and Franchise Fee. There is a Franchise Transfer Fee of $10,000 (buyer to pay). Buyers will need approval by Franchisor and attend franchise training. Initial start-up costs for this type of franchise are $172,420 to $221,495 (per franchisor information). Instead of starting brand new this business includes the existing customer base, ongoing revenue, and staff all for a lower investment. A great deal to enter the $5 billion children’s haircutting industry segment with revenues from day one.
Listing Details
- Price: $ 110,000
- Down Payment: $110,000
- Sellers Discretionary Earnings: $ 24,500
- Total Sales: $ 322,000
- Location: Fort Bend County, Texas
- Inventory: $ 0
- FF&E: $ 11,700
- Employees: 6
- Year Established: 2020
- Reason for Selling: Other Business Interests
- Category: Beauty/Personal Care
