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Arlington, Fort Worth, Dallas

  • Listing No.: 101-20131

  • Category: Beauty

Asking Price $190,227
Down Payment $100,000
Gross Revenue $571,603
Total Adjusted Net Income $91,081
Equipment / Fixtures $90,000
Year Established 2008
General Location Arlington, Fort Worth, Dallas
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OWNER ABSENTEE - These 2 Franchise locations have an area manager in place that handles the day to day operations for both locations therefore, this is a true absentee business. Services in this industry cannot be replaced by technology, streamed through the Internet oroutsourced to another country. That’s one of many great reasons to invest in this business. Both the seller and the franchise will provide training for a smooth transition. Located in a fantastic, growing area, it is a perfect opportunity for a new owner to step right in and continue to grow thiswell-established business.The business provides the following services for their clientele:• Women’s and Men’s Haircut and Styling.• Women’s Color and Highlighting Services.• Color Correction.• Formal Hair Styling.• Deep Conditioning Treatments.• And much moreBoth salons are within a large anchor strip center and located on a high traffic road. Great location and a great opportunity for anyone looking for the perfect hair salon. Serious seller who has prepared his business for sale with the help of a Certified Public Accountant (CPA). He has allthe necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more.

Gross Revenue $571,603 Listed Price $190,227
Total Income $91,081 Down Payment $100,000
Base Rent $3,915 Square Feet 2600
Total Rent Lease Expiration 01/2024
Rent Deposit $6,858 Lease Options 1/5 yr option
Inventory $6,000 Leasehold Improvements $100,000
Equipment / Fixtures $90,000 Other Assets
Full-Time Employees 7 Training Period 14 Calendar Days
Part-Time Employees 2 Special License Required
Contract Staff Reason for Selling Seller ready to slow down and retire.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.