Children's Hair Salon business for sale (Multiple locations)

Birmingham, AL
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Asking Price:$165,000
Gross Revenue:$530,000
FF&E:$56,000
Cash Flow:$77,000
Inventory:$40,000
Established Year:2020
BUSINESS DESCRIPTION

NEW PRICE!
What they offer:
- Haircuts. They specialize in haircuts for kids however, also perform haircuts for the whole family!
- Ear piercing. They use a sterile, hypoallergenic system that is safe for all skin types. We have over 30 options to choose from. They pierce both ears at the same time.
- Birthday parties. The birthday parties include fairy hair, finger nail polishing, make up application, and crafts. It's a lot of fun for all attendees! One of these two salons does the most birthday parties of any of the franchise locations nationwide.
- Other services, too! They perform fairy hair, detangling, shampoos, up-dos, braids, first haircut packages, temporary hair coloring, and more!

What you get:
- Two established, high-visibility locations in the Birmingham area (35216 and 35235)
- 1,200 SF with 6 customer chairs (opened January 2020)
- 1,500 SF with 7 customer chairs (opened December 2021)
- All furniture, fixtures, retail, etc. Additional retail and supplies stored offsite.
- All tools, supplies, and equipment. Stylists only bring their shears. The rest is there and ready for them to work their magic!
- Party supplies, backdrops, crafts, and decorations. You'll be ready when the next party request comes in!
- Flexibility to run this business from your home. There's no need to be in the salon.
- Work on the go! You have the ability to run things from your phone, thanks to the point of sale ease of use.
- Established outlined processes and procedures. You can hit the ground running!
- Relationships in the community. They support schools and organizations, and they support us!
- Great relationships with landlords and property management
- High visibility locations with LOTS of kids!
- Subscriptions to Quickbooks Online, Canva, Mailchimp, SOCi (social media management), Indeed, Homebase (employee scheduling), and more!
- Support! You aren't doing this alone. You will have a dedicated Franchise Support Specialist (FSS) there to help you at all times.

What the employees get:
- Flexible work schedules
- Paid time off
- Generous tips paid out daily
- Casual dress code with professionalism in mind
- Work / life balance. And they mean it!
- 401k offering and matching
- Dental insurance
- Ability to work at both salons, if desired
- Established, loyal clientele
- High visibility locations with amazing neighboring tenants

Business values:

At their business, they strive to be honest, fair, and be a business known for its integrity, and we seek owners who value the same things. They have a wealth of knowledge within the franchise leadership team, as well as seasoned owners eager to share their experience with the newest members of our franchise family. They are all in this together to help you achieve success.

The industry:

The overall hair care industry in the U.S. is estimated to exceed $64 billion with approximately $7 billion spent in the children’s segment! Pigtails & Crewcuts is one of the few salon concepts to expand aggressively on a national level. To add to that, there are an estimated 46.7 million kids between the ages of zero and 12 in the United States, and our target market is children in this age range. The individual markets we are targeting have over 11.5 million customers.

Features of the business:
- Flexible hours of operations
- Full-time and semi-absentee ownership
- Multiple revenue streams: hair services, retail, and birthday parties
- Unmatched franchise support on all aspects of this business
- Welcoming atmospheres designed especially for kids
- Vetted retail vendors and store supply providers
- Regular interaction with other Pigtails & Crewcuts franchisees
- In-person conference every 18 months


DETAILED INFORMATION
Location
Birmingham, AL
Inventory
Not Included in asking price
Real Estate
Leased
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Two salons are included in this sale. (Salon 1) 1,200-SF with 6 customer chairs. (Salon 2) 1,500-SF with 7 customer chairs. All furniture, fixtures, inventory, TVs, computer equipment, and supplies are included. All equipment and fixtures are 4 years old, or less. All supplies are new. Hit the ground running on day one! You won't need to supply anything. It's all there for you. Both salons are stocked with cleaning products, inventory, services supplies, washer/dryer combination machines, refrigerators, microwaves, and more!
Competition
While there are several locally-owned salons and a couple of children’s salon chains in this market, none provide the scope of services, breadth of experience, and family-friendly atmosphere available at these locations. Their verified reviews speak for themselves. They have over 5,000 repeat customers that come knowing they will have a memorable experience coupled with an amazing haircut. The salons make it a great experience for the whole family.
Growth & Expansion
Sales for both salons continue to grow, year over year. High visibility locations encourage customers to inquire more about the business offerings as well as walk-in for haircutting, ear piercing, or other services. Additionally, this franchisee have exclusive rights to Jefferson County and can open another Pigtails & Crewcuts location or prevent another franchisee from opening one in their exclusive county. You can Expand to Tuscaloosa or Huntsville - both with promising opportunity and no competition!
Support & Training
The initial training is a 5 day, in-person meeting in Atlanta, GA. This includes hands-on salon training. Ongoing training for owners, managers, and employees is available at any time. Conferences are also held every 18 months. They believe experience and support is what sets them apart. The leadership team has over 75 years of franchising experience!
Reason for Selling
Other interest
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Fletcher Brown