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Franchise Resale Package - 5 Salon Locations for sale in Snohomish County, WA

Snohomish County, Washington (WA)

Asking Price: Gross: Cash Flow:
$ 199,997 $ 568,721 Undisclosed

Furniture and Fixtures Value:
$ 200,000 (included in the asking price)

Inventory Value:
$ 50,000 (included in the asking price)

Business Summary:
This is a rare opportunity to purchase a package of five top national hair care brand operating beauty salons at a discount. The salons offer a full range of hair care and cutting services for men, women and children. The concept is a full service hair salon with below competition pricing in high traffic locations. All the one-time start-up costs have been paid: franchise fee, tenant improvements and furniture, fixtures and equipment. A Regional Manager runs the day to day operations so that everything is set in place to create a successful manager-run hair salon. There is a $2,500 transfer fee per store.

 

   
Year Business was Established: 2017
   
Number of Employees: 14 FT / 4 PT  
   
Facilities / Terms of Lease: Each location includes $80,000 in leasehold improvements as well as furniture, fixtures and equipment. Detailed information will be furnished to qualified prospects. Rent is equal to 16% of sales per location.  
   
Potential Growth/Expansion: There is a great potential for growth and opportunity for an active owner to take a hands-on approach with marketing to establish each salon within their respective communities to build visibility of local ownership. Maximizing social media, online and email promotions and partnering with area organizations would boost visibility and revenues. In addition, there is future potential to add other franchise units to the group.  
   
Competition: Salon pricing is positioned to be lower than competition. Consequently, there is no direct competition with this in store salon concept. The closest would be salons in Mall settings, however, none have the foot traffic per location or the price point.  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: Business partners relocating, pursuing other interests.  
   
Seller Reference Number: 8002-14462
BusinessMart.com Listing Number: 233700
 

 

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For more info contact:

Russ Bieber

Murphy Business & Financial Services
727-725-7090

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