Business For Sale Listing 157341
Owner Absentee Franchise Kids Hair Salon
Status as of Jan-7-2009 at 05:59 PM: Active
Business Summary
OWNER ABSENTEE - Existing franchise hair salon that is designed specifically for kids is now available for sale. This hair salon offers Kids a haircut that is a fun-filled, animated adventure with multicolored salon, custom cast of animated cartoon characters, interactive computer game Play Stations and a complete line of hair care products specially formulated just for kids. This innovative hair salon, coupled with the branded entertainment concept is growing in a double digit rate in all of performance standards such as sales, profit, and number of repeat customers. The rapid growth of this salon is very interesting feat considering that the salon is running as an owner’s absentee. Amid this spectacular growth, there are a few of undeveloped revenue sectors such as party and product revenues that can be achieved only by owner being more hands-on.
FURNITURE, FIXTURES & EQUIPMENT: $70,000 (Included in listed price)
INVENTORY: $1,000 (Included in listed price)
FINANCING: Owner will finance qualified buyers.
FACILITIES: Occupied in a 1,350 SF of strip center located in very high income area of Dallas, the whole salon is built with so-called Walt Disney concept that gives kids a fun-filled haircut experience. A party room is also available and this is another great source of revenues.
COMPETITION: Only one direct competitor that targets Kids only can be found near this hair salon.
GROWTH AND EXPANSION: The salon needs a more pro-active and hands-on type of owner who is be able to cut unnecessary administrative costs and increase untouched potential sales categories such as hair care products, party revenues, and etc. The hair care industry is estimated at over $40 billion, with the children's sector of the market estimated at $5 billion annually.
SUPPORT/TRAINING: Seller will provide training for a smooth transition. Also, a comprehensive training will be provided by franchisor.
REASON SELLING: Relocation
YEAR ESTABLISHED: 2005
EMPLOYEES: 2PT/2FT
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