Iconic Brand: Profitable Corp. Owned Units

www.GlobalBX.com

Listing ID: 700344927

Listing Title: Iconic Brand: Profitable Corp. Owned Units

Quick Link: http://www.globalbx.com/listing.asp?bId=344927

Industry: Hair and Beauty

Industry Segment: Beauty Salons and Barber Shops

Country: United States

State / Province: Maryland

Area

City: Salisbury

Asking Price Range: < $250K

Gross Revenues: $800,000

Cash Flow: $43,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2000

Number of Employees: 6 - 9

Business Description:
This well-established business is part of a large national chain. The brand is not only well known but is considered ''ICONIC''. There are 4 resales in this marketplace, and each can be purchased separately or bundled together at a negotiated price. There is a great opportunity to compress opening time with these established locations, acquire them at a great price and grow your equity with a National Franchisor. These units are currently managed and owned by the franchise parent company. Each unit is located inside a local Walmart Superstore. Walmart's customer base is your customer base without the marketing cost. A new owner can continue to run these units passively or semi-passively. This Nationally acclaimed and top-rated Hair Care Salon is being priced very competitively in the market. This is a fantastic opportunity for a qualified new owner that has at least $150K Liquidity and minimum Net-Worth of $750K and looking to join a first-class franchise system with a profitable and existing group of stores. There is also an exceptional growth opportunity for an executive manager type owner to purchase additional units in this local territory. Other Business Highlights Include: - ''A+'' real estate location with built in demand and favorable lease terms - Executive Owner Model - Manager Run Units- limited time requirement needed - Keep your full-time job - Recession & technology resistant-multi-billion-dollar beauty industry - No beauty experience required-outstanding franchisor training and ongoing support included. Contact Mike for detailed information about this business at 678-641-6473. Asking Price: $125,000



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