[NEWLY PRICED] Nationally Branded Beauty Salon Franchise Available

Iowa

Seller Financing Available

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Asking Price:$75,000
Inventory:$20,000
FF&E:$45,000
Gross Revenue:$160,419
Rent:$3,018/Month
Established Year:2018
BUSINESS DESCRIPTION

Additional Information:
- Seller willing to finance up to 25% of the sale price
- New Franchise Start-Up Expense in 2017 - $250,000

Sale Price Includes:
- $20,000 in inventory
- $45,000 in equipment
- $112,000 in leasehold improvements

Business Highlights:
- National franchise brand with great reputation
- Multiple services offered for creating recurring business from monthly subscribers
- Subscriber base covers 95% of monthly rent and growing
- Subscriber base includes customers loyal for 3+ years
- New customers running 26-33% of business
- Repeat customers running 67-74% of business
- Established relationships with local schools and events
- Great location with high traffic, visibility and parking
- A hair salon franchise opportunity that is a solid investment with a stable future

Leased Space:
- Leased annually at $36,000 or approximately $3,018/month
- Approx. 1,000 sq. ft. building located in a strip mall with easy access to parking and visible from a high-traffic street.
- Buyer will need to complete an application and the landlord may require an application fee.

Licensing & Fees
Franchise license will need to be transferred to new owner. Business license fees may be additional. Check with local and state agencies for regulations and fees. Buyer will need to pay a transfer fee to the franchisor.


*NOTE: This business is for sale by owner. The Owner has engaged Marigold Resources to market the business for sale and source qualified buyers There is no broker fee being paid for said services. Marigold will qualify all NDA signors' operational and financial capabilities to acquire this business and connect qualified buyers directly to the owners. Please do not contact the business directly with any questions. Direct all your questions to info@marigoldresources.com or call 563-424-5707.


DETAILED INFORMATION
Location
Iowa
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
01/04/2025
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Approx. 1,000 sq. ft. building located in a strip mall with easy access to parking and visible from a high-traffic street. $112,000 in leasehold improvements since start of business.
Competition
Unique business model which lends the Business to be the only kind in the market.
Growth & Expansion
Expand marketing efforts to increase memberships.
Financing
Up to 25% of the sales price over two years
Support & Training
Management is willing to consult on an as-needed basis.
Reason for Selling
Other business ventures.
Franchise
This business is an established franchise
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Chris
Barnard
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Chris Barnard