Two Franchise Style-Focused Hair Salons in Prime Locations

Nashville, TN
listing image
Asking Price:$325,000
Gross Revenue:$793,531
Rent:$4,730/Month
Established Year:2019
Cash Flow:$112,064
Inventory:$26,000
FF&E:$50,087
BUSINESS DESCRIPTION

Multi Location Specialty Salons

Rare opportunity to acquire a business with two established locations in upscale neighborhoods less than 20 miles apart (one in Davidson County and one in Williamson County). Proximity of salons makes it easy to share staff and accommodate large parties – think booming bachelorette/bridal industry! These well-appointed locations specialize in a variety of blow-outs, special occasion hair & makeup, hair extensions, and more. A strong membership base and positive online reviews attract repeat and new clients regularly. Cash flow reflects the current owner running the business semi-absentee with a management team in place over both locations. No prior salon experience is required. Franchisor easy to work with and will provide training and assistance, in addition to seller-provided transition guidance. Contact us today.


DETAILED INFORMATION
Location
Nashville, TN
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,227
Employees
22
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Expiration: 10 years Build Out Cost: $288,000 / $176,000
Competition
Similar business models do exist but not with the rent value for the area(s) and services provided are priced very competitively. The metro Nashville market is not over saturated with this specialty salon model, and there are very few of these franchise locations in Tennessee.
Growth & Expansion
Huge opportunity for growth as the population in the general Nashville region continues to climb, incomes are increasing, and families are moving to the suburbs. Increased enrollment in nearby universities provides unlimited pool of additional customers.
Support & Training
2 weeks
Reason for Selling
Other opportunity
Franchise
This business is an established franchise
Report an Issue with this listing
profile-img
Julie
Cameron
logo-img
Julie Cameron