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Well-Established, Profitable 2-Unit Men’s Grooming Business

Revere, MA

Seller Financing Available

Asking Price:$450,000
Gross Revenue:$767,519
Rent:$9,179/Month
Established Year:2013
Cash Flow:$123,491
Inventory:$5,000
FF&E:$50,000
Listing ID: 2289248Listing provided by BizBuySell
BUSINESS DESCRIPTION

Prime Locations & Great Reviews!

Here’s an exceptional opportunity to own a thriving business in the rapidly expanding men’s grooming industry, valued at $75 billion. With two prime locations in Revere, MA, and Mansfield, MA, this business is known for its excellent reputation, strong community presence, and loyal customer base. Both locations have become go-to spots for men’s grooming services, offering high-quality, affordable services in a welcoming, sports-themed environment.

Since opening in 2013 and being acquired by the current owner in 2018, the business has shown steady growth. In 2023, total revenue reached $767,519, with cash flow of $123,491, reflecting the business’s consistent demand and efficient operations at both locations. The teams are well-trained, technology is up-to-date, and the business is primed for further success.

The business has built a strong foundation through local marketing, advertising campaigns, community involvement, and promotions. These efforts have successfully attracted new clients and fostered goodwill.

What sets this opportunity apart is the business’s loyal clientele and potential for growth. Expanding community involvement, sponsoring more events, and running seasonal promotions could drive further growth. With strong financials, a great reputation, and two prime locations in a thriving industry, this is a perfect opportunity to step into a profitable business with room to grow. Some seller financing sweetens the deal! Inquire now for NDA!

DETAILED INFORMATION
Location
Revere, MA
Inventory
Included in asking price
Real Estate
Leased
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The sale price includes all assets required for operating both locations, including: POS system with printer, self-check-in kiosks with Surface, security camera system, washer and dryer, televisions, speakers, salon chairs, and more. These assets are valued at approximately $50,000.
Competition
The men’s hair industry, valued at $75 billion, is experiencing significant growth as more men prioritize grooming and self-care. This expanding market offers substantial opportunities for businesses that cater specifically to male clients, who typically visit for services every three to four weeks. This regularity of visits not only drives steady, recurring revenue but also builds strong customer loyalty. With consistent demand for services like haircuts, beard grooming, and styling, the industry proves resilient even in challenging economic times.
Growth & Expansion
While current efforts include local store marketing, community involvement, and promotional offers, there’s still significant potential for expansion through social media campaigns, increased community involvement, and local partnerships. Further engaging in local events, sponsoring youth sports teams, and running seasonal promotions could help increase visibility and attract new clients. With a strong foundation of loyal customers and well-regarded reputations, a new owner can easily scale operations and boost profitability.
Financing
Some Seller Financing
Support & Training
Franchisor provides comprehensive training and support. With a strong focus on technology, field support, and career development, corporate empowers franchises to master the essentials of running a successful business, from hiring and coaching teams to managing finances and marketing using a blend of classroom and on-the-job training.
Reason for Selling
Narrowing focus to locations closer to home
Franchise
This business is an established franchise
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