MergerPlace

Profitable/Est'd Corporate Owned

Syracuse, New York (Onondaga)


  • Asking Price: $500,000
  • Gross Income: $705,000
  • Cash Flow: $141,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #206950
  • Established: 1996
  • Employees: 6 F/T 2 P/T

Business Description

This sale price includes three established units. The three units are currently managed and owned by the franchise parent company. This Franchisor is a public traded company with over 9000 salons and they are selling their best-known brand. A new owner can continue to run these units passively or semi-passively. This Nationally acclaimed and top-rated Hair Care Salon is being priced very competitively in the market. This is a fantastic opportunity for a qualified new owner that has at least $150K Liquidity and minimum Net-Worth of $750K and looking to join a first-class franchise system with a profitable and existing group of stores. There is also an exceptional growth opportunity for an executive manager type owner to purchase additional units in this local territory. We also have a healthy and highly profitable retail side along with our services lines. This is a “High Profit Margin” business.

Other Business Highlights Include:

• Favorable lease terms

• Executive Owner Model - Manager Run Units- limited time requirement needed

• Keep your full-time job

• Recession & technology resistant-multi-billion-dollar beauty industry

No beauty experience required-outstanding franchisor training and ongoing support included
Contact Mike for detailed information about this business at 678-641-6473.


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: New York
Metropolitan Area: Syracuse
County: Onondaga

Company Information

Year Established: 1996
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 6 F/T 2 P/T

Financial Information

Asking Price: $500,000
Gross Revenue: $705,000
Cash Flow: $141,000
Seller Financing Available: Yes

Property Information

Facilities:

Great location, contact for detailed information about this business.

Growth & expansion opportunities:

High demand, continual long-term growth business.

Competition:

Outstanding name in the industry.

Reason for selling:

Contact for this information.

Support & Training:

Full training and support will be included.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Mike C.

DM Brokerage