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Listed by:

Transworld Business Advisors of Nashville

Kid's Barber Shop Franchise Two Locations Seller Financing For Sale

Tennessee, US
Asking Price:
$150,000 Furniture / Fixtures included
Sales Revenue:
$384,170
Cash Flow:
$9,319

Children's barber shop franchise with two locations in the heart Chattanooga for the price of one! Seller financing available. First location opened eight years ago and while second location opened in 2018 and is already at break even on the cusp of exploding into profitability. Turnkey operation at both locations with longstanding management in place.

Business grossed over $380,000 in 2019 with its brand new second location. Price includes a fully wrapped automobile to support marketing efforts! The only children's barber shop/salon in Chattanooga, allowing for limited competition while continuing to grow. Franchisor provides great support and marketability with a royalty structure well below industry standards.

Property Information

Premises Details:

Started the East Brainerd location eight years ago and became profitable in year three. Opened the North Shore location in May 2018 and currently project to be profitable in 2021.

Business Operation

Expansion Potential:

As the customer base grows in the new location along with the increase in popularity of the Chattanooga area, sales will continue to increase.

Competition / Market:

There are no barber shops or salons targeted toward children in Chattanooga. The competition in the area are general franchises such as Great Clips, Sports Clips and Super Cuts.

Reasons for selling:

retiring

Trading hours:

Mon-Fri 10 AM-6 PM; Sat 9 AM 4 PM; Sun 12 PM-4 PM

Employees:
10
Years established:
2012

Other Information

Support & training:

2 weeks

Furniture / Fixtures value:
$40,000 - included in the asking price
Inventory / Stock value:
$7,500