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- RE: Two Franchise Style-Focused Hair Salons
- Contact: Julie Cameron
Quick Facts
Asking Price: | $325,000 | |
Annual Revenue: | $793,531 | |
Net Profit: | $112,064 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $50,087 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 22 | |
BBN Listing #: | 952523 | |
Broker Reference #: | 1197 |
Business Overview:
Rare opportunity to acquire a business with two established locations in upscale neighborhoods less than 20 miles apart (one in Davidson County and one in Williamson County). Proximity of salons makes it easy to share staff and accommodate large parties – think booming bachelorette/bridal industry! These well-appointed locations specialize in a variety of blow-outs, special occasion hair & makeup, hair extensions, and more. A strong membership base and positive online reviews attract repeat and new clients regularly. Cash flow reflects the current owner running the business semi-absentee with a management team in place over both locations. No prior salon experience is required. Franchisor easy to work with and will provide training and assistance, in addition to seller-provided transition guidance. Contact us today.
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Property Features and Assets:
Included Inventory: $26,000
Total Monthly Rent: $2,960 / $4,730
Square Footage: 586 / 1,227
Build Out Cost: $288,000 / $176,000
Market Competition and Expansion:
Similar business models do exist but not with the rent value for the area(s) and services provided are priced very competitively. The metro Nashville market is not over saturated with this specialty salon model, and there are very few of these franchise locations in Tennessee.
Huge opportunity for growth as the population in the general Nashville region continues to climb, incomes are increasing, and families are moving to the suburbs. Increased enrollment in nearby universities provides unlimited pool of additional customers.
Reason for Selling:
Other opportunityAdditional 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 Tennessee businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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