Price: $6,000
Location: Smithfield, NC (Johnston County)
Industry: Hair Salons and Barber Shops
Listing ID: 16957063-NI
Listing Status: New
This salon is being offered at a significant discount because it's currently owned by the master franchise owner instead of a franchisee owner. The master franchise owner has other businesses that he's focused on running.
Fantastic Sams is a popular chain of hair salons known for providing high-quality hair care and styling services. With a warm and inviting atmosphere, Fantastic Sams offers a range of services designed to cater to the diverse needs and preferences of their clients. Fantastic Sams offers a wide array of services for both men and women. From classic haircuts to trendy and modern styles, their experienced stylists are equipped to handle all hair types and texture.
Highlights of this opportunity:
- Turnkey Salon, Ready for a new manager
- Established location since 2013
- Premium location in a Walmart anchored center
This is NOT a cash flowing business but an opportunity to acquire a proven and established business that needs ownership and hands on management.
Down Payment: N/A
Total Sales: N/A
Cash Flow: N/A
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $7,500
FFE Included: Yes
Inventory: N/A
Year Established: 2013
Non-Owner Payroll: N/A
Employees: 3
Lease Option: Leased
Real Estate: N/A
Monthly Rent: $2,040
Square Footage: 1600
Facilities Information: Premium retail facility in a Walmart anchored strip center.
Reason For Sale: Other business interests
Training & Support: Franchise training is included in the purchase price.
