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Blow Out Bar In Burlington County, Nj-33023 For Sale

Burlington County, New Jersey, US
Asking Price:
$215,000 (USD) Inventory / Stock included
Sales Revenue:
$270,000 (USD)
Cash Flow:
$15,000 (USD)

A new concept in hair care, 'the blowout category', is quickly growing into what has become a $40 billion a year global hair salon industry. There is no end in sight for the growth of this industry. A Blow Dry Bar focuses on giving clients a finished look in a short amount of time by offering specific and specialized services such as blowouts, keratin treatments, hair extensions, makeup applications and more. No cuts or colors, services at far less cost than at a full-service salon and no waiting.Beautifully appointed, fourteen chairs, eight stylists, absent clutter and quick, efficient service mark this Blow Dry Bar. Open extended hours (7 am to 7 pm) for women on the way to work or late for dinner engagements. Add events such as weddings, holiday gatherings, proms or whatever; these are busy shops. Growing in popularity, these Blow Dry Bars give customers a professional look in a timely and cost-effective way. Open less than one year, this franchised location is already profitable. However, faced with a near-death illness requiring on-going treatment, the owner has decided to sell, and she is doing so at less than cost which typically runs about $300,000 per store all inclusive. Revenues derive from walk-in traffic and monthly memberships that, in this case, pay $69.99 per month.There are now twenty-four stores in the chain and forty-five more under agreement and in the process of opening. The franchise plan is to open 250 stores in the next 2-3 years. According to Inc. 500, this is one of the fastest growing chains in the country.

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Business Operation

Reasons for selling:

Illness

Years established:
2019

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

215,000.00 Down &

Furniture / Fixtures value:
$250,000 (USD)
Inventory / Stock value:
$3,000 (USD) - included in the asking price

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