Mens Hair Franchise in South Houston - Absentee
Business Description
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-926628
Won't last long at this price! This brand has grown to over 1800 locations in North America and was the first hair cutting franchise focused on men and boys to establish a footprint in all 50 states. However, territories are sold out in the Houston area due to high demand. The location for sale is in a high traffic area with strong demographics and a captive market.
Per owner's P&L, sales were $293,000 in 2024 with $64,000 in adjusted EBITDA for an absentee owner or $98,000 in discretionary earnings for an owner operator. Included in the sale are $110,000 in FF&E and $165,000 in Leasehold Improvements. There are also 6 employees including 1 manager. The monthly rent is $3,005. The owner will provide 2 weeks of training to ensure a smooth transition. Franchisor training is also required.
The current owner spends about 5 hours per week supervising this business due to other business interests. As such, this business will need some attention in order to get sales back on track.
Won't last long at this price! This brand has grown to over 1800 locations in North America and was the first hair cutting franchise focused on men and boys to establish a footprint in all 50 states. However, territories are sold out in the Houston area due to high demand. The location for sale is in a high traffic area with strong demographics and a captive market.
Per owner's P&L, sales were $293,000 in 2024 with $64,000 in adjusted EBITDA for an absentee owner or $98,000 in discretionary earnings for an owner operator. Included in the sale are $110,000 in FF&E and $165,000 in Leasehold Improvements. There are also 6 employees including 1 manager. The monthly rent is $3,005. The owner will provide 2 weeks of training to ensure a smooth transition. Franchisor training is also required.
The current owner spends about 5 hours per week supervising this business due to other business interests. As such, this business will need some attention in order to get sales back on track.
About the Business
- Number of Employees
- 6
- Franchise
- This business is an established franchise
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Partners want to sell
- Transition Support
- Number of Weeks Seller Will Offer Training: 2
Listing Info
- ID
- 2223233
- Listing Views
- 1134
Listing ID: 2223233 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. See our full Terms of Use. Learn how to avoid scams.
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