Attributes: Absentee Run, Semi-Absentee Run, Training & Support
Cooperation With Brokers? Call
Description About This Posting: Fantastic Sams Hair Salon - Absentee Run
Salons are priced very aggressively, at a low multiple of 1.8 x earnings. rnrnAmazing business opportunity. Two well established hair salons that have been in business over 10 years with large customer bases. One salon has strong YOY growth. rnrnUpside PotentialrnBoth locations have added upside potential. One of the shopping centers bringing in newly added anchor stores Chase Bank, and Starbucks that will be opening in the next 3 months. Each salon could also add 1-2 stylist for additional growth potential, especially with increased traffic to the location with the new anchors. rnrnManagement and Key Persons True Absentee BusinessrnEach salon has a manager in place and currently fulfill all day to day operations, therefore, this is a true absentee business. Owners spend about 2 hours per week running the company, this could also be eliminated if the final task of banking that the owners currently perform is delegated to one of the Managers. There are currently a total of 15 employees in the company. rnrnTrainingrnOwner will provide training to buyer. Also, Franchisor provides New Owner training if new owner desires. rnrnEquipment rnEach salon has 10 stylist stations, 4 shampoo bowls, 3 hair drying stations, reception desk, reception chairs, TV's, coffee station, digital cameras, and are very well kept, with all salons having received a refresh with new paint. rnrnThis is a technology proof business as well as a recession proof business, an amazing opportunity to own a premiere franchise.rnrnGross Revenue over 500K. rnNet Earnings 60K.
To get more information about this Fantastic Sams Hair Salon - Absentee Run business for sale in
Riverside County please phone Paul at 951-268-0236 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #249484 on BizBen.com. In addition to phoning
Paul, make sure you email Paul above to get more info about this
Fantastic Sams Hair Salon - Absentee Run, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
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