Buy a business at MergerNetwork.com
MergerNetwork - Research and Find Businesses For Sale
View Listing Details

Business For Sale Listing 155139

Franchise Kids Hair Salon

Status as of Nov-22-2008 at 05:59 PM: Off The Market

Business Summary

Existing franchise hair salon that is designed specifically for kids is now available for sale. This hair salon offers Kids a haircut that is a fun-filled, animated adventure with multicolored salon, custom cast of animated cartoon characters, interactive computer game Play Stations and a complete line of hair care products specially formulated just for kids. This innovative hair salon, coupled with the branded entertainment concept is growing in a double digit rate in all of performance standards such as sales, profit, and number of repeat customers. The rapid growth of this salon is very interesting feat considering that the salon is running as an owner’s absentee. Amid this spectacular growth, there are a few of undeveloped revenue sectors such as party and product revenues that can be achieved only by owner being more hands-on.

Facilities: Occupied in a 1,350 SF of strip center located in very high income area of Dallas, the whole salon is built with so-called Walt Disney concept that gives kids a fun-filled haircut experience. A party room is also available and this is another great source of revenues.

Competition: Only one direct competitor that targets Kids only can be found near this hair salon.

Growth And Expansion: The salon needs a more pro-active and hands-on type of owner who is be able to cut unnecessary administrative costs and increase untouched potential sales categories such as hair care products, party revenues, and etc. The hair care industry is estimated at over $40 billion, with the children's sector of the market estimated at $5 billion annually.

Support/Training: Seller will provide training for a smooth transition. Also, a comprehensive training will be provided by franchisor.

Reason Selling: Relocation

Year Established: 2005

Employees: 2PT/2FT

Furniture, Fixtures & Equipment: $70,000 (Included in listed price)
Inventory: $1,000 (Included in listed price)
Financing: Owner will finance qualified buyers.


Categories

Industry:
Location:
Other:

Industry

Sector: Personal Services
Industry: Beauty Parlors & Barbershops

Location

Classification: United States // Southwest States // Texas // Dallas
Location: N. Dallas

Financials

Sales: Between $100 Thousand And $500 Thousand   ( $160,000 )
Profits: Not Disclosed
Profit Type: Cash Flow
Asking Price: Less than $100 Thousand   ( $75,000 )
View Listing Details
© 1995-2008 Brauns Online Media
businesses for sale