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Established Franchises - Business for Sale Details

 

NATIONALLY RECOGNIZED HAIR SALON FRANCHISE

Seller: Attn: Eric Jadow
Location: Queens, NY, USA
Listing Number: "10188"


Asking Price: $57,000 USD USA Dollars
Industry: Services: Hair, Nails, Spas, Tanning
Reason for Selling: No Time
Year Established: 1990
Number of Employees: 6
Yearly Revenue: $210,000
Yearly Cash Flow: $70,000
Yearly EBITDA: $NA
Yearly Gross Income: $NA

Overview of the Business:

Be your own boss! This is currently an absentee owner operation and needs an owner/manager/operator. Currently, all expenses for staff and overhead are covered with gross sales. It is already at the break-even point, now, it needs an owner who can spend time there and keep the profit, plus incur the profit from the current staff. Projected Net Profit is $70,000 per year. This is a well established hair salon in a prime location, enjoying the recognition of a national franchise. Offering state-of-the-art equipment, this nicely presentable business is situated in 900 square feet of space with plenty of room to expand. Current owner does not operate this facility day to day - just remotely. If you're an on site manager, higher income is automatic! This turn-key operation is a terrific deal - this business would cost much more to open up from scratch. Due to the low price requirement, plus great location, this won't last!


Property Features and Assets:

900 Square Feet Facility with state-of-the-art equipment.


Market Competition and Expansion:

Owner has a lot of equity in the market. Plenty of room to expand. Current owner will advise serious buyer how to add revenue.


Additional Details:


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