Listing Number: 60091-388984
Description
This national franchise resale focuses on providing children haircut services in a fun atmosphere making it a welcoming experience for kids. Children can play games and have a fun time meanwhile a trained stylist is cutting/styling their hair. This location first opened in 2021 and comes with an established manager, staff team and repeat customer base. Revenues for 2023 were $252,954K, 2022 were $238,722K. A good revenue growth trend! The 2023 SDE was (-$8,898)K. Currently there is a FT manager/stylist, 2 FT stylists plus 3 PT stylists and 2 part time receptionist operating the business.
The owners manage payroll, purchasing, marketing and financial management. The monthly rent is approx. $4,494 including (NNN) for 1200 square feet of space. Bring your energy to expand this business and take advantage of this opportunity. The sale includes FF&E, Leasehold Improvements and Franchise Fee. There is a Franchise Transfer Fee of $10,000 (buyer to pay). Buyers will need approval by Franchisor and attend franchise training program. Initial start-up costs for this type of franchise are $172,420 to $221,495 (per franchisor information).
Instead of starting brand new this business includes a customer base, ongoing revenue, and staff all for a lower investment. A great deal to enter the $5 billion children’s haircutting business with revenues day one. DO NOT CONTACT FRANCHISOR PRIOR TO BEING REGISTERED BY SELLER.
Listing Details
- Price: $95,000
- Down Payment: $95,000
- Sellers Discretionary Earnings: $24,831
- Total Sales: $248,484
- Location: Houston, Harris County, Texas
- Inventory: $2,000
- FF&E: $28,342
- Employees: 8
- Year Established: 2021
- Reason for Selling: Not enough bandwidth with FT job and Family
- Category: Beauty/Personal Care
