Specialty Salon Franchise in Idaho Resort Town
Blaine County, Idaho
| Asking Price: |
Gross: |
Cash Flow: |
| $250,000 |
$274,043 |
$144,238 |
Furniture and Fixtures Value:
$32,700 (included in the asking price)
Inventory Value:
$2,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
This is a specialty salon located in one of Idaho’s premiere resort towns. It is a franchise concept that was first introduced in 2012 and in this location for the past eight years. The business has grown continually since first opening. There are two full-time employees who provide services to nearly 5,000 guests each year. The business offers one-time and membership based services which help boost revenues and repeat business. This concept has strong marketing support from the franchisor which also owns several other self-care companies.
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| Facilities / Terms of Lease:
The salon is centrally located in a high foot traffic area with shops and tourist attractions surrounding the salon. The space is 700 square feet with three years and four months remaining on the current lease with an option to renew and/or assign to a new owner. |
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| Potential
Growth/Expansion:
An ideal buyer would be someone with strong business management skills and who is customer service oriented. Having experience in a spa or salon environment would also be helpful to grow the business.
THE POSSIBILITIES
Sales are expected to continue to grow and a new owner could provide the resources and energy to make this happen. There is also the opportunity to expand to new locations. |
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| Competition:
The services provided have been increasing in popularity and should continue to experience revenue growth. The business is also unique in that it offers membership services which provide a steady monthly recurring income. The customer base is a mix of repeat local clients and walk-in services offered to tourists visiting the town. |
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| Owner
willing to train:
Yes |
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| Reason for selling:
There are two owners and one is having to move out of the area. The owners are willing to assist during the transition with new owner. |
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| REQUEST MORE INFO |
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