TIME-TESTED SUCCESS, UNMATCHED VALUE: 2 SALONS PRICED RIGHT
FRANCHISE FOR SALE IN DENVER, COLORADO
List Price: $229,000 USD
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Annual Gross Revenue:
$628,211 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:
1988
Seasonal Business:
No
1-3 Months
TRANSITION SUPPORT
Very flexible
PRICE/TERMS
FLEXIBILITY
Part-time
OWNER INVOLVEMENT
SUMMARY
Step into the lucrative world of beauty and style with two flourishing full-service hair salons! These well- established salons offer high-quality haircuts, dazzling coloring services, rejuvenating treatments, and more, all at wallet-friendly prices. —> The Littleton Salon has been an enduring gem since 1988, proudly under the original ownership. It consistently ranks in Colorado’s top 10 and in the top 15% in the franchise system, and has glowing reviews. It's a testament to excellence! With a dedicated staff and a loyal clientele, this salon has thrived with minimal marketing efforts. Imagine the potential in the hands of a tech-savvy owner, ready to leverage online exposure and social media–the opportunity for growth is immense. —> In operation for over two decades and recently remodeled, the Central Park salon is strategically located in Central Park Town Center, surrounded by restaurants, retail shops, and the vibrant Town Center Amphitheatre. The area is still expanding with new residential developments, offering untapped customer potential. Local events and a strong sense of community provide a steady stream of patrons. The growth potential here is nothing short of extraordinary. —> The financial performance is a cut above, too! In 2022, these salons generated a revenue of $628,211 and healthy cash flow of $124,794. The seller spends 20 hours per week doing bookkeeping, payroll, inventory, advertising, and maintenance. But the key to these salons' success is their focus on customers and top-notch customer service. —> Additional Benefits: The existing foundation of a long-standing franchise brand, dedicated staff, loyal clients, and well-equipped facilities ensures a seamless transition. The recession-proof nature of the beauty industry and flexible hours add to the appeal. —> Buy together or separately, but don't miss this opportunity to acquire two thriving salons! Inquire now!
PHOTOS
FACTS
Part-Time Employees:
1-5
Full-Time Employees:
1-5
Total Employees:
Less Than 10
Timeframe for sale:
Immediate
Total Approx. Monthly Rent:
$7,000/month
DESCRIPTION
DAY-TO-DAY INVOLVEMENT
The seller spends 20 hours per week doing bookkeeping, payroll, inventory, advertising, and maintenance.
FRANCHISE BRAND ACCOLADES AND AWARDS
The franchise brand has been named: ● Franchise Times Top 200 franchise systems 2013 & 2022 ● Entrepreneur Magazine Franchise 500 from 2013 - 2019 ● Forbes list of America’s Best Midsize Employers 2021 The Littleton salon has received the Readers Choice Award from the local Columbine Newspaper on occasion.
ASSET DESCRIPTION
Includes all furniture, fixtures, and equipment in the salons estimated at $30,000. Partial list: Stations, chairs, mats, front desk, product shelves, dryers and all computer equipment, credit card machine, and more.
INVENTORY DESCRIPTION
All retail product and all supplies that are in the salon at time of sale, typically about $7,000.
ADDITIONAL INFO
Franchisor provides complete training. Franchisee training consists of 3 to 5 days of classroom and/or virtual and on the job training either in Massachusetts or, at its discretion, an alternative location or virtually. As a franchisee, you’ll benefit from three levels of training: Owner Training, Manager Training, and Stylist Training. The content of the manager and owner training consists of an in-depth discussion of the history, development and operation of the system, explanation of the accounting system, inventory control, other financial management techniques, advertising, sales, promotion, market study and other marketing plans, customer relations and practical experience in the operation of a haircare center. Each year the franchisor will provide regional seminars for franchisees, their stylists and managers; further annually, there will be voluntary hairstyling seminars for stylists.
BONUS MATERIAL
WHY I LOVE MY FRANCHISE
I love that it gives me flexible hours, is recession-proof, and there are no accounts receivable to chase down.
GROWTH OPPORTUNITIES
With an impressive combined revenue of $628,211 in 2022 and a substantial cash flow of $124,794, these salons have already proven their profitability. The untapped potential lies in optimizing online marketing and social media strategies, especially for the Littleton salon, which has excelled without intensive advertising. Furthermore, the Central Park salon, nestled in a thriving community with ongoing residential development, presents a prime opportunity for expansion and capturing a rapidly growing customer base. Investing in these salons means not only stepping into a profitable venture but also harnessing the untapped fun and financial growth prospects that await.
None
SELLER FINANCING AVAILABLE
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