Popular Family/Kids Hair Styling Salon Featuring Games For Sale!

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Great Potential! College-Town Location! Seller Highly Motivated! Make Offer!
Asking Price:
$114,000

Gross Revenue:
$166,997
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$4,394
included in asking price

FF&E:
$34,967
included in asking price

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Business Description

This business's mission is to create an entertaining experience for kids ages 0-14 by providing a superior haircut with warm, experienced stylists in a meticulously clean place filled with fun! The business model in place recognizes that kids and parents want something different with their haircut experience. So we provide it all: a superior haircut with warm, experienced stylists in a meticulously clean place filled with fun! Children can sit in a Dodge Police Cruiser, Barbie Jeep, Lightning McQueen Race Car, Buzz Light Year Vehicle, Hummer, Frozen Jeep, Fire Engine, #8 Dale Earnhardt NASCAR Race Car, and/or Mini Cooper while watching their favorite cartoons or Netflix!

This family oriented salon offers all of the services you would expect from a kids hair salon with a unique environment to help kids feel comfortable. Services include everything from standard hair cuts all the way to Glamour Girl parties. Their aim is to provide exceptional cuts without sacrificing the experience.

For the youngest clients, this salon lets them choose between sitting in a Batman car, Dodge Charger police car, fire truck, or Frozen Jeep. Older kids are able to play Xbox or hang out in the Tween Lounge during their cut. Each girl is able to have a complimentary 'mini-cure' where they get their nails painted in the color of their choosing. For older girls, the glamour lounge was specially designed to make them feel extra special during their cut. No matter their age, Sharkey’s has something to offer for every kid. And in addition to kids cuts, this salon offers adult cuts for the parents. Their parent-child packages help families save money while being able to spend quality time together.

Outside of normal salon hours, the salon turns into a birthday party haven featuring princess and superhero parties. As their goal is to make things as easy as possible for the parents as they provide everything but the cake (e.g., food, drinks, paper goods, party favors, and costumes). Specifically, Princess parties include hair, makeup, and nails for each girl, a runway fashion show, and the opportunity to meet a live princess. For superhero parties, a live superhero is brought in to guide all of the kids through superhero training.

This business combines all of the above services with a kid-focused staff and quality service to provide the ultimate haircut experience for kids (and parents) with its lime green and hot pink walls, police car and fire truck seats (instead of high chairs), and a wall filled with TVs and Xbox players loaded with all of their favorite games.

Services Provided:
Adult Haircuts, Baby's First Haircut, Bang Trims, Boy's Buzz, Children's Hair Care Products, Dad's Haircut, Day of Beauty Deep Cleansing & Conditioning Treatments, Girl's Haircut, Glamour Girl Parties, Mini-Cures and Nail Art Party Favors & Gifts Special. 1st Hair Cut Package, Special Hair Accessories, Specialty Toys, Tween Lounge Haircuts, and Updos!

Parties Hosted:
Offers Large & Mini Princess Parties as well as Large & Mini Superhero Parties!

Seating Provided:
Adult Seating, Batman Black FJ Cruiser, Dodge Charger Police Car, Firetruck, Tween Lounge, and XBOX Stations (older kids love the chance to play Xbox One or PS4 on 40 inch flat-screens while getting their haircut, or they can watch their favorite sporting events or music videos)!

DISCLOSURES:
* Financial numbers shown are for tax year 2018 as reported on the seller's tax returns.
* Inventory and FF&E shown are approximate as reported by the seller.
* Triple Net lease in place thru 11/30/2021.
* All information, data, financials, valuations, appraisals, etc. must be verified by the buyer’s independent professional advisors before putting any money at risk as the broker makes no warranty, expressed or implied, as to the complete accuracy of this information obtained from the seller.
* Non-Disclosure Agreement (ND

About the Business

Location:
Brazos County, Texas
Year Established:
2017
Number of Employees:
6
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,463
Rent:
$3,602.00 Per Month
Lease Expiration:
11/30/2021
Facilities:
The business is located in a relatively new shopping center and is adjacent to both a Starbucks and a popular Italian restaurant. It is a high traffic area with dense family demographics. This business benefits from its busy college town location with a high amount of passing trade. In addition, other complimentary businesses located in its area provide for a higher number of walk-in customers!
Website:
www.tworld.com/locations/collegestation/
Market Outlook/
Competition:
Passive ownership is what this business model is all about. The franchisor has been able to combine a passive ownership franchise with a model that is 100% recession proof for today and years to come. As a result, this franchise offers people the opportunity to invest in a brand, not buy a job, that has longevity, is fun to run, and has very little competition.
Growth & Expansion:
Once the salon is up and running the franchisor will continue to help the new franchisee grow through regular field support on location, telephone, local training sessions, monthly newsletters, and ongoing research and development that offer the franchisee fresh innovative ideas.
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About the Sale

Reason For Selling:
Owner is selling due to on-setting time commitments in other areas of his life.
Training/Support:
Franchisor will provide new franchisee with hands on, comprehensive training at a live salon with all the travel and accommodations included in the franchise fee. New franchisee will have two full days of actually running the salon from opening procedures to scheduling, customer check in/out, party booking, restocking, cleaning and much more. New franchisee will also have many hours of classroom based training where the following topics will be covered: Purchasing & inventory procedures, Quality control measures, Retail merchandising, Point of sale instruction, How to increase sales through add-on sales, Financial controls, Marketing/Advertising & grand opening guidelines, Business development & management, and Human resources support.
Seller Financing:
Triple Net lease in place.

Listing Info

ID:
1619148
Ad Detail Views:
0

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Business Listed by

Larry Fry, MBA

Transworld Business Advisors at College Station

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