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Established Franchised Salon In Elizabethtown, KYL For Sale

Elizabethtown, Kentucky, US
Asking Price:
$119,000
Sales Revenue:
$120,000
Cash Flow:
$81,900

Monthly sales are $10,000 per month!

Net profit is over $6,800 per month after all operating expenses!

Rent is only $1,750 per month! The rent is either structured to include electricity, garbage, and water expenses!

$1,000 fixed royalty per month! The franchise transfer fee is only $4,000!

Strong brand value with a 4.9+ star rating across 170+ reviews!

The salon is open from 10:00 am to 8:00 pm Monday through Saturday and from 11 am to 6:00 pm on Sundays! Buyers can extend hours to maximize earnings.

The seller had the business for 3 years! Currently, the seller is the sole employee running the business.

The salon has 4 chairs and includes two service rooms and an office room! The buyer can provide additional services with more employees to expand operations and increase income!

Only 1 hour from Louisville, KY! 1 hour, 30 minutes from Lexington, KY! 2 hours, 10 minutes from Nashville, TN! 2 hours, 30 minutes from Cincinnati, OH!

Near schools like Heartland Elementary School with over 590 students, Elizabethtown High School with 770 students, and John Hardin High School with over 790 students, moms can visit after dropping their kids off!

Near universities like Troy University with 10,000+ students and Elizabethtown Community and Technical College with 3,600+ students.

Situated near apartment complexes like Sunshine Village Apartments, Waterford Place Apartments, Robinbrooke Crossings Apartments, Brookefield Apartments, Arlington Park Apartments, Pear Orchard Estates, and Claysville Landing Apartments,. Near new complexes like Sage Spring Apartments and other active downtown developments.

Average traffic count of 31,537 vehicles passing by the store each day! Located in a retail center, it brings in major traffic to the salon!

Located in a dense residential area with over 40,499 people within a 5-mile radius! The population is also increasing by 2% every year!

Asking Price for Business Only: $119,000 plus Inventory! Inventory is approximately $5,000 at cost.

Property Information

Real Estate:

Lease

Location:

Elizabethtown, KY