Multiple Location Leading Hair Cutting/Coloring National Franchise

Consistent and GROWING Cash Flow. Hair Cutting Franchises Are Great Investments!

This well known franchise brand in the hair cutting and coloring business has the best locations in cities like Garner, NC; Fayetteville, NC; Sanford, NC; and others. This multiple location business has a long history of cash flow for the retiring owner.

With local franchise support, weekly team training, proprietary services and a healthy blend of product sales and services; this business is a rare find in a recession proof sector.

Do you like metrics?
This firm's CRM and can provide real time, granular data insights so you can keep your thumb on the pulse of the business. They run sales contests internally to share successes and encourage one another to achieve their shared goals.

Business buyers seeking a proven system, consistent cash flow, and scaleability will love this opportunity to make a difference in the lives of the dozens of stylists that the locations employ, while also making a great living.

This opportunity comes with the support of a local franchisor and an unbeatable franchise transfer fee to include ten years of term for each location. Build onto the growth of your business with the framework, technology, and marketing of this well known brand in hair care!

Complete the "Contact the seller" box for an automatic NDA and check your inbox/junk mail. A full business report is available after a brief phone call. Tax returns and financial statements are on file. Rental rate representations are approximate as they are averages of multiple units...

Inquire today, this opportunity will go fast!

Down Payment: N/A

Total Sales: $1,500,000

Cash Flow: $106,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $90,000

FFE Included: Yes

Inventory: $48,000

Inventory Included: Yes

Year Established: 1999

Non-Owner Payroll: N/A

Employees: 35

Lease Option: Leased

Real Estate: N/A

Monthly Rent: $3,000

Type of Location: Hair Salon

Square Footage: 1500

Franchise: Yes

Facilities Information:

Six premium location strip centers including best in class retailers such as Walmart, Harris Teeter, Joanne Fabrics, and similar business that drive traffic.

Terms and Conditions?:

The information in this listing has been provided by the business seller or representative stated above. VRBizTriangle has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

Reason For Sale:

Retirement.

Training & Support:

Two weeks included in purchase price with the current owner. Ongoing training included with franchisor.

Competition:

While hair cutting services are known to be very consistent, the Pandemic shook up this trend for nearly two years. Only recently have people started to get back out and cut their hair on a regular basis. While many salons went out of business, salons that didn't have gained market share.

Potential Growth:

As a six unit Franchise holder with a Master Franchise based very close to the center of the territories, there are many opportunities to expand the business through new locations. Internally, there is room to add more stylists and sell more product.

Financing/Terms:

Owner will consider seller financing to qualified buyers.