Three Location Semi-Absentee Professional Hair Salons
These three hair salons are part of one of the most well-established franchise systems in the country, all located in fast growing communities. These upscale salons offer a full range of services, including haircuts, color, highlights, perms, keratin smoothing treatments, special occasion hair styling, and facial waxing, all at reasonable prices.
This business is a great opportunity because:
• These locations are being sold at a fraction of the cost of opening a new salon with 3 turn-key locations
• Franchisor and current owner will provide training and will ensure a smooth transition with ongoing support
• Can be semi-absentee - each location has a store manager on site and fully trained staff
• The owner does not need to have experience as a hair stylist
• Current owner promoted the most successful manager to be the GM for all three locations
Current owner purchased these locations in 2017. These salons are located in growing areas that have both high traffic and foot counts, with plenty of walk-in business. The salons have been generally updated to franchise requirements, are well designed and have a positive feel.
There are several other salons in the area around each of the locations, but this business has a unique niche and proven concept that has consistently worked, providing quality services at an affordable price point. The salon also encourages walk-ins, which is a good way to increase business. Finally, the franchisor does not require the owner to have previous salon experience because of the comprehensive training provided by the Franchisor.
Each salon has nine stations, and they are not all being used due to COVID restrictions. However, as these restrictions ease, the owner expects to increase the number of stylists to fill all chairs. The current owner is not a stylist and works a limited schedule, so a new owner can dedicate more time and energy towards future growth and development. The owner has undertaken some innovative local marketing programs, in addition to the traditional franchise marketing support, and the owner has implemented online bookings, which has helped fill appointments. Many customers are long time repeat customers.
Various locations - broker will provide more information
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.