Established Franchised Salon In Elizabethtown, KY!
Elizabethtown, KY Hardin County
Elizabethtown, KY
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- RE: Established Franchised Salon In Elizabethtown, KY!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $119,000 | |
| Annual Revenue: | $120,000 | |
| Net Profit: | $81,900 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 948826 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
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 atRent includes the electricity, garbage, and water expenses! $1,000 fixed royalty per month! Franchise transfer fee is only $4,000! Strong brand value with a 4.9+ star rating across 170+ reviews! Salon is open from 10:00 am to 8:00 pm Monday to Saturday and 11 am to 6:00 pm on Sundays! Buyer can extend hours to maximize earnings. Seller had the business for 3 years! Currently the Seller is the sole employee running the business. Salon has 4 chairs and includes two service rooms and an office room! 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, John Hardin High School with over 790 students, so Moms can visit after dropping their kids off! Near universities like Troy University with 10,000+ students, 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 bringing in MAJOR traffic to the salon! Located in a dense residential area with over 40,499 people within a 5-mile radius! Population is alsoincreasing by 2% every year! Asking Price for the Business-only: $119,000 plus Inventory! Inventory is approximately $5,000 at cost.
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Market Competition and Expansion:
Near schools like Heartland Elementary School with over 590 students, Elizabethtown High School with 770 students, John Hardin High School with over 790 students, so Moms can visit after dropping their kids off!
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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