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  • Listing No.: 130-20146

  • Category: Service

Asking Price $93,000
Down Payment
Gross Revenue $63,100
Total Adjusted Net Income $92,105
Equipment / Fixtures $60,000
Year Established 2018
General Location
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Get the whole business at a fraction of the price!!This national franchise that started in 2004 has been growing steadily in locations as well as reputation. They work in a growing segment, kids’ hair, that has seen national locations over double in the past 5 years alone. They are well differentiated in their space, providing unique services to their clients and multiple revenue sources opportunities for their owners. The business is structured as a Passive Ownership Model, requiring very little time to operate.Owner needs to focus on other business interests and needs to sell. Facilities are immaculate, beautiful and professionally done – resulting in the perfect environment for kids and their parents. Seller has invested tens of thousands in local marketing and has new strategies just waiting in the wings to be deployed. If all you did was buy the franchise and build it to this standard, you could easily spend 4 times as much. So, if you are interested in building a passive income stream and working with kids, this business will be great fit for you!

Gross Revenue $63,100 Listed Price $93,000
Total Income $92,105 Down Payment
Base Rent $2,520 Square Feet 950
Total Rent $3,282 Lease Expiration 08/2023
Rent Deposit $6,137 Lease Options 1 and 5 years
Inventory $4,000 Leasehold Improvements $150,000
Equipment / Fixtures $60,000 Other Assets N/A
Full-Time Employees 2 Training Period 4 weeks
Part-Time Employees 6 Special License Required Cosmetology License
Contract Staff Reason for Selling Other Business Interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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