Chain of Profitable Franchised Hair Salons. Well Established, Priced to Sell.

pbb-salon

Asking Price:

$245,000

Revenue:

$1,020,000

Cash Flow:

$105,000

Company Overview

Emerald Coast

Three upscale hair salons located on the beautiful Emerald Coast are for sale as a package. This well-known franchise, established for nearly 50 years, provides excellent support to the franchisee. The buyer does not need to be a trained hairstylist.
The first salon was established over 22 years ago, the 2nd 10 years ago, and the 3rd 7-yrs ago. The numbers listed are consolidated, but separate financial records are kept for each location. The business is turn-key, profitable, and truly checks “all the boxes.” The business offers:

  • Outstanding locations, upscale with first-class decor
  • All Stylists are W-2 employees with a bonus plan.
  • Positive growth & profitability for 22 years
  • Facilities are in excellent condition
  • Owners benefits 105k
  • The owner works an average of 20-25 hrs./wk. and is not a stylist
  • Seller financing
  • Transition training at no charge
  • Meticulous books and records
  • And more!

This is an excellent opportunity to own a profitable, turnkey business and live on the beautiful Gulf Coast!

General Information

Year Established: 2002

Employees: 18-20 w/ mgr. for each salon.

Facilities: The salons are in ideal locations. They occupy approximately 1,200 sq. ft. and have ample parking. The facilities and décor are upscale.

Market Outlook

Growth Expansion: This business has seen steady growth with consistent cash flow for the past several years, even during COVID-19. The current owner does not service clients. A working owner/stylist can increase their earnings by servicing their own clientele.

About the Sale

Training: The seller will provide sufficient training to ensure a smooth transition at no charge.

Reason for Selling: Seller is retiring.

Financial Summary

Asking Price: $245,000
Revenue: $1,020,000
Cash Flow: $105,000
Real Estate: Long-term leases available
FF and E: $25,000 (incl in sale)
Inventory: $15,000 (incl in sale)

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