Hair Salon Franchisee Operating 100+ Units
| Gross Revenue: | $23,317,000 |
| EBITDA: | $2,008,000 |
Listing ID: 2247385Listing provided by BizBuySell
BUSINESS DESCRIPTION
The Company is a hair salon franchisee managing over 100 operating units across 11 brands. The Company’s portfolio of salons range from providing affordable to upscale haircare services and products.
Key Aspects
• Large portfolio of some of the industry's most recognizable franchised salon brands
• Expansive geographic footprint with salons in 10 states
• Salon store locations in prime and heavily trafficked areas attract talented
stylists which improves customer retention
• Revenue exceeded $20 million in each of the Company's three full years of operation
• Financials as of 12/23
REF-BN000055357
DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Leased
Growth & Expansion
• State-of-the-art nail salon machine installation at salon locations will
create an additional revenue stream and require little overhead costs
• Experienced management staff in place capable of growing the
Company organically or through additional unit acquisitions
• Increase advertising efforts to grow brand awareness and the customer base
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