Request More Information Contact the Seller
- RE: Successful Franchise Hair Salon
- Contact: Art Warsoff
Quick Facts
Asking Price: | $80,000 | |
Annual Revenue: | $295,399 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $40,338 | |
Total Debt: | Not Disclosed | |
FF&E: | $43,903 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 8 | |
BBN Listing #: | 947082 | |
Broker Reference #: | 15541-915061 |
Business Overview:
PRICE DROP FOR QUICK SALE
This successful hair salon is part of one of the most well-established franchise systems in the country. The salon offers a full range of services, including haircuts, color, highlights, perms, keratin smoothing treatments, special occasion hair styling, and facial waxing, all at reasonable prices. This business is a great opportunity because:
• This turn-key operating location is priced much lower than the cost of opening a new salon
• Franchisor and current owner will provide training to ensure a smooth transition and ongoing support
• Can be semi-absentee - location has a store manager and fully trained staff
• The owner does not need to have experience as a hair stylist
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Monthly Rent: $1,723.00; Square Units (Foot, Meter): 1,200; Lease Expiration Date: September 14, 2026, 11:00:00 PM
The current owner purchased this location in 2019. The business has been around for nearly 30 years. It is located in an established area with a high traffic count. The salon has been generally updated to franchise requirements, is well designed, and has a positive vibe.
Market Competition and Expansion:
Competition: There are several higher-end salons in the nearby area, but this salon has a unique niche and proven concept that has consistently worked, providing quality services at an affordable price point. The salon also encourages walk-ins. An owner is not required to have previous salon experience because of the comprehensive training provided by the Franchisor.
Expansion: The current owner is not a stylist and works semi-absentee in the business. A new owner who dedicates time and energy towards marketing will lead to future growth and development.
Reason for Selling:
Focus on Other VenturesAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more Utah businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information