Extraordinary Buy Major Hair Salon Franchise NC RDU

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Extraordinary Buy Major Hair Salon Franchise NC RDU
Asking Price:
$35,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Top 50 franchise resale offer haircuts and styles, up-dos, straightening, coloring, highlights, and texturizing. They also offer beard and mustache trims, facial waxing, as well as rejuvenating hair treatments for stressed or damaged hair. Their stylists are professionals who are always up-to-date on the latest styles and trends. The staff members are color specialists and receive training in central North Carolina. They keep this salon on the cutting edge. The current owner is an absentee owner and the business is truly turn-key. A new Franchise would cost between $136,000 and 246,000. Quality hair products add to the bottom line.
Selling Price of $35,000.00.

About the Business

Year Established:
1999
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
1,400
Facilities:
This Salon has been in the same location since 1998.
Market Outlook/
Competition:
Strengths:
• Personalized customer service and commitment to quality with a stable clientele base
• High quality hair care and hair care products
• Great potential because of a recognizable brand name and quality hair care products
Growth & Expansion:
Markets: All the original franchise territories are chosen by the Franchisor to insure lower risk for a new owner. The opportunity is there for the taking. This opportunity is based on a Franchise system tested by the area demographics. A startup would take more investment and time to realize the community standing that this recognizable brand name presents. It is located in a high traffic strip center anchored by a branded grocery store. The location is in very close proximity to a major mall just off of an interstate highway. Housing developments and rented office space are located in close proximity. The population in this zip code was above 42,000 in 2014 according to www.bestplaces.net . With continued growth of a townhome community priced from $250,000 to $308,990 and 175 units in the process of being built just down the road from this location this is an excellent opportunity.
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About the Sale

Reason For Selling:
other interests
Training/Support:
1 week

Listing Info

ID:
1325610
Ad Detail Views:
1206

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Business Listed by

Ray Canoy

Transworld Busines Advisors of Durham

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U.S. Census Data for Durham County, NC
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Durham County, NC
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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