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Established Chain Of Franchised Hair Salons, Priced To Sell In Florida For Sale

Pensacola, Florida, US
Asking Price:
$280,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,020,000
Cash Flow:
$105,000

Three well-established, turnkey upscale hair salons located on the beautiful Emerald Coast are for sale as a package.

This is a well-known franchise, established for nearly 50 years, and provides excellent support to the franchisee.

The buyer does not need to be a trained hair stylist. The current owner is not.

The first salon was established over 22 years ago; the second 10 years ago; and the third 7 years ago.

The numbers listed are consolidated, and separate financial records are kept for each location.

This business truly checks "all the boxes."

All salons are in outstanding locations with upscale, first class decor. All stylists are W-2 employees with a bonus plan.

They have experienced positive growth and profitability for 22 years.

The owner works an average of 20–25 hours per week and is not a stylist. It has been pre-approved for SBA financing.

Owner financing is available with 30–40% down for a qualified buyer.

The owners have kept meticulous books and records.

This is an excellent opportunity to own a profitable, turnkey business and live on the beautiful gulf coast. .

Property Information

Real Estate:

Lease

Location:

All three salons are in ideal locations.

Premises Details:

Each salon occupies approx. 1200 sq. ft. with ample parking. Facilities and decor are upscale.

Business Operation

Expansion Potential:

The business has seen steady growth with consistent cash flow for the past several years, even during the COVID era. Current owner does not service clients. A working owner/stylist can increase their earnings by servicing their own clientele.

Competition / Market:

All hair salons have competition.

Reasons for selling:

Owner if retiring.

Employees:
18-20 FT
Years established:
22 years

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Seller will provide sufficient training to ensure a smooth transition at no charge.

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

Pre-approved for SBA financing. Owner will offer seller financing to a qualified buyer with 30-40% down.

Furniture / Fixtures value:
$25,000 - included in the asking price
Inventory / Stock value:
$23,000 - included in the asking price