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Listed by:

Armen Nazarian Business Brokers

Franchise Hair Salon For Sale

Van Buren County, Michigan, Michigan, US
Asking Price:
$129,000
Sales Revenue:
$309,127
Cash Flow:
$69,415

This is a great opportunity to own a well-established Franchise Hair Salon in Livingston County. Established in 2002 and under current ownership since 2007, this 1,500 sq. ft. salon is conveniently located on busy road with excellent visibility and steady drive-by traffic in a well-traveled strip center. The salon offers a full range of hair care services for men, women, and children including cuts, color, highlights, perms, and styling, and so much more. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with launching social media campaigns, adding additional services, joining the Chamber of Commerce, offering loyalty programs, introducing online booking, and expanding retail product sales, you have HUGE potential to grow the already solid gross sales. A must see/must have business that will not last long! Turn-key operation! Seller will train! Call Armen Nazarian Business Brokers

Transfer/training fee: $5,000
Royalty fee: 6% weekly
Advertising Fee: $146 weekly

Property Information

Real Estate:

Lease

Premises Details:

Established in 2002 and under current ownership since 2007, this 1,500 sq. ft. salon is conveniently located on busy road with excellent visibility and steady drive-by traffic in a well-traveled strip center. The salon offers a full range of hair care services for men, women, and children including cuts, color, highlights, perms, and styling, and so much more.

Business Operation

Expansion Potential:

Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with launching social media campaigns, adding additional services, joining the Chamber of Commerce, offering loyalty programs, introducing online booking, and expanding retail product sales, you have HUGE potential to grow the already solid gross sales.

Reasons for selling:

Retire

Employees:
10
Years established:
24

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$129,000 with $65,000 down. 8% int., amortized over 60 months

Inventory / Stock value:
$5,000