Well Established Hair Salon Franchise - Absentee Owner

This is a well know hair franchise with absentee owner. This is an asset sale only, POS system will verify gross revenue but there are no financials, which is why the business is being sold so cheap. This is priced to move fast. Seller spends over $175,000 in startup and build out expenses. Ideal buyer is someone who has 10-15 hours per week to help manage and grow the revenue. Support and Training will be outstanding ensuring a smooth transition. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978) at trent@fcbb.com Location: Wichita Falls, Texas Year Established: 2017 Number of Employees: 2 FT, 3PT Real Estate: Leased Building Sq. Ft.: 1,400 Rent: $2,741.00 Per Month Lease Expiration: 6/1/2023 Facilities: This is a leased location of 1,400 square feet with a Total monthly rent of $2,741. Lease ends 06/2023 with One 5-year options. Seller is active with 2 FT and 3 PT employees. Hours of operation are 9am-7pm Tuesday to Friday, 9am-6pm Saturday and 12pm-5pm Sunday. $2,000 in inventory and $40,000 in FF&E included in the asking Price. $75,000 made in leasehold improvements. Cosmetology establishment license required.