Owner Absentee Franchise Kids Hair Salon
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $178460
Net Profit / Cash Flow $21282
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Seller will provide training for a smooth transition. Also, a comprehensive training will be provided by franchisor.
Reason for Sale Relocation.
Description Owner absentee - Existing franchise hair salon for sale that is designed specifically for kids is now available for sale. This hair salon offers Kids a haircut that is a fun-filled, animated adventure with multicolored salon, custom cast of animated cartoon characters, interactive computer game Play Stations and a complete line of hair care products specially formulated just for kids. This innovative hair salon, coupled with the branded entertainment concept is growing in a double digit rate in all of performance standards such as sales, profit, and number of repeat customers. The rapid growth of this salon is very interesting feat considering that the salon is running as an owner's absentee. Amid this spectacular growth, there are a few of undeveloped revenue sectors such as party and product revenues that can be achieved only by owner being more hands-on.
Asking: $49,000
Furniture, Fixtures & Equipment: $70,000 (Included in listed price)
Inventory: $1,000 (Included in listed price)
Financing: Owner will finance qualified buyers.
Facilities: Occupied in a 1,350 SF of strip center located in very high income area of Dallas, the whole salon is built with so-called Walt Disney concept that gives kids a fun-filled haircut experience. A party room is also available and this is another great source of revenues.
Competition: Only one direct competitor that targets Kids only can be found near this hair salon.
Growth And Expansion: The salon needs a more pro-active and hands-on type of owner who is be able to cut unnecessary administrative costs and increase untouched potential sales categories such as hair care products, party revenues, and etc. The hair care industry is estimated at over $40 billion, with the children's sector of the market estimated at $5 billion annually.
Email or call: 972-247-3202 or 866-519-2421
Click Here To Contact Seller
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