Multi-unit Salon Franchise generating $3.53mm in revenue, 16.6% ROS.
Aurora, CO
| Gross Revenue: | $3,530,000 |
| Established Year: | 2018 |
| EBITDA: | $550,000 |
Listing ID: 2298154Listing provided by BizBuySell
BUSINESS DESCRIPTION
Well established, multi-unit Hair Salon located in Colorado. With eleven active franchise stores, these locations will generate projected revenue of $3.53mm in 2024 and 16.6% Operating Income. Revenue year over year was essentially the same although Operating income in 2023 was 10% compared to the current 16.6% ROS.
DETAILED INFORMATION
Location
Aurora, CO
Inventory
Not Included in asking price
Employees
60
Facilities
Locations are rented. Facilities are fully equipped with Salon chairs and suitable tools. accessories, and product inventories.
Competition
Owners do not expect any change in the competitive landscape and the market remains stable. The business serves the upper middle class demographic which fits well with the stores' value proposition - Affordable, Quality Haircuts and Styling from highly trained and educated stylists.
Growth & Expansion
Economic conditions should remain stable with the foundation of a large military investment in the region. This influences the demographic of the middle and upper middle class value proposition of the stores.
Support & Training
Owner and Franchise resources are available for training of all staff.
Reason for Selling
The owner is intending to move on to other interests.
Franchise
This business is an established franchise
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