7 Location Franchise Hair Salon business 1-1275

7 Location Franchise Hair Salon business

Business Description:

Cash flow of $330K! This is an amazing opportunity to own a highly profitable 7 location franchise hair salon business! Profitability has continued to grow each year despite these challenging economic times. Each location is profitable and has a store manager in place. Business could be run absentee with a good general manager. Enthusiastic new owner with a marketing and/or sales background would be ideal.

Industry: Service  
Location: Minnesota
Annual Revenue: $1,902,931  
Listing Price: $1,000,000  
Annual SDE (Cash Flow): $330,784  
Listing Agent: Jamie Jerdee  
FF & E: $250,000  
Inventory included in sale: Yes Inventory Value: $250,000 
Established in 2004  
Is this a franchise: Yes  
Employees: [60] Full-Time [13] Part-Time
Reason for selling: Pursue other business opportunity  
SBA Financing Available: Yes
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