Priced to Sell - Absentee-Owned Turn-Key Franchise Hair Salon

Listing Number: 67675-117897

Description

With an outstanding location and a popular high traffic anchor store nearby, this convenient and reputable hair salon has grown into a thriving destination. For the past 5 years, this 100% staff-in-place salon has benefitted from a solid reputation for remarkable customer service and personalized grooming services for women, men and children. They offer an array of hair styling services including shampoo, haircuts, highlights, color retouch and overall color services in a fresh upbeat atmosphere. This salon has a reputation of listening to their clients and partnering with them to create either a new fresh look or deliver consistent quality all day every day.

Since the pandemic in 2020, revenues have increased by more than 50% in 2021 and by over 30% in 2022. A significant transformation has taken place. As of the second quarter of 2023, the business is consistently generating positive cash flow. The business is performing at a new plateau of efficiency.. Additional growth waits upon the entrepreneur willing to expand operating hours and create emotional connections in this community. Building on the foundation of 4.6+ star Google reviews coupled with fresh social media marketing is the winning growth formula. This opportunity will not last long in the marketplace.

Listing Details

• Price: $54,512
• Down Payment: $54,512
• Sellers Discretionary Earnings: $0
• Total Sales: $179,993
• Location: Durham County, North Carolina


• Inventory: $5,092
• FF&E: $34,312
• Employees: 5
• Year Established: 2018
• Reason for Selling: Personal
• Category: Beauty/Personal Care