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Maryland : Beauty salons & barber shopsListing #2401-7394
This group of 3 hair salons provides the full range of hair services to clientele, as well as facial waxing. This franchise provides well-known brand recognition as well as well-maintained salons. Each of the 3 salons is located in Southern Anne Arundel County. Each has 8-10 chairs with an average of 7 employees currently per salon. Each salon has a manager and an assistant manager. Employees are paid an hourly rate plus commission. Approximately 15% of sales come from sales of product. There are approximately 4000 customer names in the database that will convey to the new owner for marketing purposes. The salons are located in busy upper middle class neighborhoods. All inventory, furniture, fixtures and equipment are included in the asking price. Direct competition would be Hair Cuttery, Great Clips or Bubbles, but mostly independent salons. Seller also owns one other location in Calvert County, MD, outside the non-compete area, which is for sale separately.
Asking Price:
$250,000
Gross Income:
$673,307
(last 12 months)Cash Flow:
$64,123
(last 12 months)Inventory Value:
Undisclosed
| Year Established: | 2003 | Business is Closed: | No | |
Seller Financing Available:  |
No | Owner Operated: | No | |
| FF&E included: |
No | Home-based: | No | |
| FF&E Value: | Training provided | Yes | ||
| Real Estate is included: |
No | Easily Relocated: | Yes | |
| Value of Real Estate: | $0 | Full Time Employees: | 14 | |
| Real Estate Square Footage: | 0 | Part Time Employees: | 9 |
This group of 3 hair salons provides the full range of hair services to clientele, as well as facial waxing. This franchise provides well-known brand recognition as well as well-maintained salons. Each of the 3 salons is located in Southern Anne Arundel County. Each has 8-10 chairs with an average of 7 employees currently per salon. Each salon has a manager and an assistant manager. Employees are paid an hourly rate plus commission. Approximately 15% of sales come from sales of product. There are approximately 4000 customer names in the database that will convey to the new owner for marketing purposes. The salons are located in busy upper middle class neighborhoods. All inventory, furniture, fixtures and equipment are included in the asking price. Direct competition would be Hair Cuttery, Great Clips or Bubbles, but mostly independent salons. Seller also owns one other location in Calvert County, MD, outside the non-compete area, which is for sale separately.
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