MergerPlace

No. 1 Ranked U.S. Haircare Franchise

Washington (King)


  • Asking Price: $65,000
  • Gross Income: $58,820
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $80,000
  • Listing ID: #198931
  • Established: 2015
  • Employees: 1 FT/ 1 PT

Business Description

This opportunity is with the No. 1 ranked hair care franchise in the U.S. that has a thoroughly tested operations platform as well as solid marketing strategies. All the one time startup costs have been paid: franchise fee, tenant improvements and furniture fixtures and equipment. Everything in place for this proven franchise system to create a successful manager-run hair salon. With multiple potential revenue streams, you will enjoy a stable foundation for multifaceted sales growth with the right operator.


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Washington
County: King

Company Information

Year Established: 2015
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 1 FT/ 1 PT

Financial Information

Asking Price: $65,000
Gross Revenue: $58,820
FF&E: $80,000
Inventory: $10,000
Seller Financing Available: No

Property Information

Facilities:

Located in a bustling new shopping center, this business boasts new salon leasehold improvements, furniture, fixtures and equipment. With all the tenant Improvement costs already paid, furniture fixtures and equipment in place and a great POS system, everything is there to start boosting revenues.

Growth & expansion opportunities:

The current owner has not had the bandwidth to operate the shop and grow the business. This is a built-in demand business, is recession-resistant and technology-resistant. The salon is located in one of the fastest growing areas in Washington with high median household income of $92,900- $100,700 within a ten minute radius.

Competition:

5 competing salons located within 9 miles of the business. Located in one of the fastest growing communities in Washington State.

Reason for selling:

Owner has other responsibilities demanding his focus at this time.

Support & Training:

Will train for 1 week @ no cost. The salon offers haircuts, color and styling for men, women and children. Offering a full range of salon services and selling popular branded hair products. Salon model are designed to be eventually manager run, as such, they do not require constant franchisee presence. The salon is staffed by professional hairstylists with vocational education and training.

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Business Listed By:

Claudia Smith

Murphy Business Brokers