WELL-ESTABLISHED, PROFITABLE 2-UNIT MEN’S GROOMING BUSINESS

FRANCHISE FOR SALE IN SUFFOLK COUNTY, MASSACHUSETTS

List Price: $450,000 USD

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INTRODUCE ME TO THE SELLER

Annual Gross Revenue:

$767,519 USD

Annual Net Profit:

$100,000 - $150,000

Value of Inventory:

Less Than $25,000

Value of Assets:

$25,000 - $50,000

Business Category:

Barber Shop/Salon/Spa

Business Operates From:

A Retail Location

Year Established:

2013

Seasonal Business:

No

1-3 Months

TRANSITION SUPPORT

Somewhat

PRICE/TERMS
FLEXIBILITY

Passive

OWNER INVOLVEMENT

SUMMARY

2 Turkey Units with 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!

PHOTOS

FACTS

Part-Time Employees:

6-10

Full-Time Employees:

6-10

Total Employees:

10-25

Timeframe for sale:

Immediate

Total Approx. Monthly Rent:

$9,000/month

DESCRIPTION

DAY-TO-DAY INVOLVEMENT

Limited involvement at 5 hrs/week

FRANCHISE BRAND ACCOLADES AND AWARDS

This brand has consistently earned recognition in the franchise industry, ranking on Entrepreneur's Franchise 500 for the past 10 years, a testament to its sustained growth, financial stability, and brand strength. Additionally, the franchisor is a member of the Franchise Business Review Hall of Fame, having appeared on the Top Franchise list for a decade—an honor based on real franchise owner ratings and feedback. The brand has also been featured multiple times on Franchise Direct's Top 100, the Franchise Times Top 200, and Franchise Gator's Top 100, further solidifying its position as a leading franchise opportunity.

ASSET DESCRIPTION

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.

INVENTORY DESCRIPTION

The franchise's inventory of hair care products, including shampoo and conditioner, is valued at $5,000 and is also included in the sale!

ADDITIONAL INFO

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.

BONUS MATERIAL

WHY I LOVE MY FRANCHISE

Strong Support System: Franchise owners benefit from the robust support provided by corporate, including training, marketing, and ongoing operational assistance, helping them run their businesses smoothly. ---> Proven Business Model: With years of experience, the franchisor offers a well-established business model, making it easier for franchisees to succeed, even if they're new to the haircare industry. ---> Growing Brand with High Demand: Men's grooming is a growing industry, and the brand has positioned itself as a leader in the market, providing franchisees with opportunities in a high-demand field. ---> Veteran-Friendly: This brand has a strong commitment to veterans, offering support and incentives to help them become franchisees. ---> Work-Life Balance: Many franchise owners appreciate the flexibility of owning a location, as it doesn't require long or irregular hours compared to other businesses.

REASON FOR SELLING

Narrowing focus to locations closer to home

GROWTH OPPORTUNITIES

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. ---> 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.

Some

SELLER FINANCING AVAILABLE

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