Franchise Hair Salon

Reference Code 0793

This is a great opportunity to own a well-established Franchise Hair Salon in Livingston County. Established in 2002 and under current ownership since 2007, this 1,500 sq. ft. salon is conveniently located on busy road with excellent visibility and steady drive-by traffic in a well-traveled strip center. The salon offers a full range of hair care services for men, women, and children including cuts, color, highlights, perms, and styling, and so much more. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with launching social media campaigns, adding additional services, joining the Chamber of Commerce, offering loyalty programs, introducing online booking, and expanding retail product sales, you have HUGE potential to grow the already solid gross sales. A must see/must have business that will not last long! Turn-key operation! Seller will train!

Transfer/training fee: $5,000
Royalty fee: 6% weekly
Advertising Fee: $146 weekly

Business Location Livingston County, MI

Gross Sales $309,127 Cash Flow $69,415 Business Price $129,000 Down Payment $65,000 Monthly Payment $1,297.69 Interest Rate / Amortization 8% int., amortized over 60 months License Required Sales, Hair, Franchise Inventory Value $5,000 Employees Full Time 1 Owner Employees Part Time 9 Date Established 2002 Hours of Operation Mon-Thu 9am-8pm / Fri-Sat 9am-5pm Rent $3,414 NNN Lease Period 2027 Reason for Sale Retirement