Asking Price: $364,000 Gross Revenue: $425,036Cash Flow: $91,750EBITDA: $60,892Inventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Charlotte, North Carolina
Number of Employees:
This business enjoys a fabulous location near the Ballantyne resort and large corporate center, with plenty of parking and 1,200 SF of space.
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.
Profitable, Well-Run & Established Men's Upscale Grooming Salon
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
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