Haircut Franchise
Location: Kansas
Industry: Hair and Beauty > Beauty Salons and Barber Shops
Financials
Asking Price: $198,000
Seller Financing: For more information on this opportunity please contact BTS directly.
Business Summary
A national hair-cutting franchise is marketing an opportunity to purchase the exclusive franchising rights for territories throughout the state of Kansas. Since its 2006 launch, the organization has developed its franchise model to include eleven established stores in eight states including South Carolina, Arizona, Texas, Florida, Nevada, California, Missouri and Kansas with licensing pending on 428 additional units.BTS is engaged on behalf of the franchise parent company to represent an opportunity to build on a proven franchise platform with a strong record of performance. Franchisees will be assisted with site selection, marketing and business operations. Hairdressing services have proven to be virtually recession-proof, as consumers traditionally reduce other discretionary expenses prior to decreasing their spending on personal grooming. Although the hair-care trade has been a mature industry, currently men represent the fastest growing demographic of the salon industry, spending $14 billion annually on beauty services and products. Men now account for roughly 29% of the market, up from 24% in 2006. The industry continues to diversify, targeting specific consumer trends and companies filling these niche markets have grown considerably. Analysts forecast revenues from the sale of men’s toiletries to maintain annual growth of 4.5-5% through 2010. Additionally, in house financing options are available for franchisees who meet certain minimum net worth and liquidity requirements.
About the Business
Facilities: For more information on this opportunity please contact BTS directly.
Market Outlook and Competition: For more information on this opportunity please contact BTS directly.
About the Sale
Management Training and Support: For more information on this opportunity please contact BTS directly.
Reason For Selling: For more information on this opportunity please contact BTS directly.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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