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Two Well Established Franchised Hair Care/Salons

East Valley, Arizona (Maricopa County)

Services - Beauty & Barber Shops | Services - Other Personal Services

Asking Price $100,000 Inventory $6,975* 
Gross Income $249,433 Real Estate  
Cash Flow $60,716 Year Established 1998
FF&E $31,310* Employees 9

* included in the asking price

** not included in the asking price

These well established franchised hair salons provide men's and women's style cuts, up-dos, hair straightening, hair coloring, highlights, and texturizing. Additional services provided include beard and mustache trims, facial waxing, and rejuvenating hair treatments for stressed or damaged hair. The stylists are well trained professionals who are always up-to-date on the latest styles and trends. In addition to the services provided, there are exclusively branded products, including shampoos, conditioners, and styling aids all sold at retail. There are two separate locations for sale, both at $100,000 each. Both locations have similar sales and cash flow. Seller will consider a package price for locations.

Facilities: This location has 9 stations and is located in a busy grocery store anchored strip mall. There have been over $150,000 in improvements made to this business including new chairs, computers and a POS system. There are 2 years left on current lase with a 5 year option to renew. The lease rate is $3100 per month triple net.

Competition: This location is in a busy shopping center, on a well traveled street and busy intersection .The nearest competitor, is 1 mile away.

Growth/Expansion: The business has been under the current owner for three years, and with a solid customer base, continues to grow.

Financing: Negotiable

Support/Training: 2 weeks full time at no cost.

Reason Selling: Illness forces sale

AD # 390633

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