Hair Salon Franchises - Four Locations
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $700000
Net Profit / Cash Flow $160000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller and franchisor will provide training
Reason for Sale New business ventures
Description Established franchise hair salons, attractive, clean, well managed. Owner is involved in the business approximately 10-15 hours a week, mostly for accounting purposes. Well run, little stress, situated in suburban plazas, some a bit more rural than others.
This listing has four locations, in the suburbs of Buffalo. Owner and partner have decided to go on to new ventures. Seller has full time positon and has found other interests. Locations were remodeled 2005-2006.
Buyer must have a minimum of 15% down toward the purchase price. Owner is willing to hold a note for $105,000. Owner is very flexible.
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