Profitable Multi-location Fantastic Hair Salons – Netting over $100K

Detail information about the listing

FF&E: N A

Inventory:  4,000

Growth: 

Further Details: Location:    Burleson, TX

Inventory:    Included in asking price

Real Estate:    Leased

Building SF:    2,800

Lease Expiration:    12 1 2022

Employees:    14 FTE

Facilities:    Location 1 is a leased location of 1,400 square feet with a Total Monthly Rent of  3,906.83. Lease ends 12 2022 with One 5 year option. 

Location 2 is a leased location of 1,400 square feet with a Total Monthly Rent of  4,096.75. Lease ends 04 2023 with One 5 year option. 

Hours of operation for both are 9am-7pm Monday – Friday and 9am-6pm Saturday. 14 FT employees total.  4,000 in Inventory included in asking price. Salon and Cosmetology License required.

Financing:     100,246 down payment with balance paid over 24 months at interest rate 6 percent

Support & Training:    14 days

Reason for Selling:    Retirement

Franchise:    This business is an established franchise