Listing Number: 76931-210828
Description
Seller Financing Available. This is a rare opportunity to acquire a profitable 2-unit collection of the nation’s leading men's and boys' focused hair care franchises in the Greater Houston region. In 2024, this franchise ranked #44 of Entrepreneur’s “Franchise 500" and is sold out of territories across the entire Greater Houston region.
This franchise has systems and processes put in place to operate as a semi-absentee / fully absentee ownership and the franchise is constantly staying ahead of the competition and always looking for ways to innovate, improve, and grow so that their franchisees are successful.
The owner currently spends approximately 5 hours a week supervising these 2 locations but has very little involvement in the actual day-to-day operations. With 6 employees including a manager for each location, these stores are running effectively and efficiently without the involvement of the owner while generating an adjusted EBITDA of more than $168,000 annually. With a full time owner operator, you will only need one manager and you can generate seller’s discretionary earnings of about $203,000 annually.
If you’re ready to join a multi-billion-dollar hair salon industry that has been recession-resistant this may be a great opportunity for you.
Listing Details
- Price: $ 560,000
- Down Payment: $280,000
- Sellers Discretionary Earnings: $ 203,000
- Total Sales: $ 700,000
- Location: Harris County, Texas
- Inventory: $ 0
- FF&E: $ 220,000
- Employees: 12
- Reason for Selling: Other Business Interests
- Category: Beauty/Personal Care
Business Listed By:
- Ron Hankamer, CBI, CM&AP
- Phone: (713) 854-1302
- Email: [email protected]
