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BUSINESSES FOR SALE


If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Hair and Beauty Businesses For Sale Categories   >>   

Barber Shop Business For Sale, Beauty Salon Business For Sale, Day Spa Business For Sale, Hair Salon Business For Sale, Nail Salon Business For Sale, Salon Business For Sale, Salon Equipment Business For Sale, Skin Care Business For Sale, Spa Hot Tub Business For Sale, Tanning Salon Business For Sale

Fast Growing International Haircut Franchisor For Sale

Location  United States
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $5000000
Net Profit / Cash Flow  $1000000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2003
Number of Employees  6 - 9
Relocatable  Yes
Number of Employees  6 - 9
Real Estate  Leased
Training  Yes, terms of which are very negotiable.
Reason for Sale  Retirement.
Description  We are offering for sale all or part of one of the fastest growing franchising companies in the country. This ownership is for the parent company (the ''franchisor'') of an international haircutting franchise - this listing is NOT for a franchised location. This is an opportunity to invest in a business with contractual, increasing revenues. The company has 70 locations open in 18 states and forecasts an additional 25 more opening in the next year, including locations abroad (20 opened this year). The pipeline of 450 contractual openings currently extends for the next 25 years. Your purchase may either be active or 100% passive. Management is willing to stay after the sale, but no knowledge of haircutting is needed. The company's revenues are expected to double in 2011 to $3.5 million, with adjusted net income of $600,000 which is growing quickly ($1,000,000 in profits budgeted for 2012). The company is based in Texas, but owners may reside anywhere and the corporate office is easily mobile. Asking price is $9 million, or $90,000 per percent purchased (if a partial purchase is desired). The company has no debt. Owners are motivated to sell, so this $9 million price represents a 25% discount to prices of comparable companies which have excessive levels of debt. An independent investment bank valued the business at $8 million two years ago during the credit crisis when the company was 1/2 the size and breakeven. The owners are looking to sell because one would like simply to take money out (invested for 4 years) and one would like to use the proceeds for retirement. Seller financing is available, about which we are open to suggestions. Please email me for further details.
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