Profitable, Well-Run & Established Men's Upscale Grooming Salon

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Asking Price:
$364,000

Gross Revenue:
$425,036
Cash Flow:
$91,750
EBITDA:
$60,892
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Having served the gentlemen of the upscale Ballantyne Charlotte area since 2005, this profitable men’s grooming salon has enjoyed consistent growth. With its prime location near the Ballantyne resort and large corporate center, this business caters to those white- collar professionals, offering hair care and grooming services specifically tailored to meet the needs of their clients.

A few of the advantages to owning this franchise would include:

• A 12-year established clientele
• Prime, upscale location
• Beautiful, clean, comfortable facility
• Excellent published reviews
• Excellent management and staff already in place
• Franchise consultant support at no additional cost
• Owning a franchise that has been named to the exclusive Entrepreneur-Franchise
500 in 2017

This business is perfect for a new, fully engaged owner to take it to the next level. This rare opportunity will not last for this successful salon with an exemplary reputation, and includes an opportunity to pick up a new franchise location!

About the Business

Location:
Charlotte, North Carolina
Year Established:
2005
Number of Employees:
6
Relocatable:
Yes
Franchise:
Yes
Facilities:
This business enjoys a fabulous location near the Ballantyne resort and large corporate center, with plenty of parking and 1,200 SF of space.
Market Outlook/
Competition:
With many competitors in the market area, this business competes on the basis of superior customer service.
Growth & Expansion:
This business is a fast growing market segment of men’s grooming. This franchise concept is the market leader in its segment nationwide.
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About the Sale

Reason For Selling:
Owner pursuing other business interests.
Training/Support:
Negotiable – seller will help with transition to a new owner.
Seller Financing:
Seller might consider some financing to the right, qualified buyer.

Listing Info

ID:
1430018
Ad Detail Views:
648

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$
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Business Listed by

Joe Vagnone

ENLIGN Business Brokers

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Sponsoring Broker:

Jeff Snell, CM&AP, M&AMI, LCBI, ABI
ENLIGN Business Brokers

U.S. Census Data for Mecklenburg 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 Mecklenburg 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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