Hair salons for sale with two franchise locations 001213

Hair salons for sale with two franchise locations. These two locations' high-end kids’ hair salon franchise with a license for a third location is available for acquisition. The first location is a retail strip center anchored by a prominent fitness studio. The location of the first salon is surrounded by many businesses and retailers that provide products and services to the same demographics as this salon (Frozen Yogurt, Indoor Kids playground, Nail Salon, Hair Salon, etc.). The second location is in a retail supercenter anchored by many prominent national retailers (the national retailers are targeting the same customer base as this salon and draw in an incredible amount of foot traffic) in one of the fastest-growing suburbs of North Dallas (This location will continue to grow at a very rapid pace, as more national retailers and businesses are being established in the retail supercenter to meet the influx of people migrating to the region as this suburb is known as one of the best places to live for families). The first location opened three weeks before Covid-19 and was closed for two weeks with a slow start during the height of the pandemic, but it is now established with 4.9 google stars and is operated by management and staff. The second location opened at the end of 2021 and reached profitability shortly after opening and continues to grow as the community it serves continues to grow rapidly.

This business suits the area's demographics as many families have mid to high incomes. These salons are specifically designed for kids, with chairs attached to automobiles, trains, firetrucks, and steering wheels to entertain them while getting their haircuts. The salons provide haircuts to children and families, as well as shampoos, hair braids, detangling, and ear piercing. The salons are very profitable as all stylists are commission-based, and the products they sell have huge markups. A buyer with experience in the industry can increase revenue and profitability by choosing to be a stylist or hire more talent to attract more clientele, replace the party rooms designated for birthdays but not utilized, and convert to additional stations to meet the increasing demand in the area.

Currently, there is some marketing, mainly from Google and social media such as Facebook and Instagram. Still, additional marketing, such as sponsorships of little leagues and other programs that serve children, can help acquire new clientele from untapped markets nearby.

There is solid potential for growth, and the fee has already been paid for a franchise license for a third location. The current franchise agreement gives an exclusive right to open additional salons in northern DFW territory. The new owner can really scale up and take this business to the next level by opening additional salons in Carrollton, Frisco, McKinney, and The Colony area.

This is an excellent opportunity for a buyer looking for an established business with experience in the industry to acquire these scalable hair salons for sale with two franchise locations.