Description of the business for sale
Anyone who has ever wanted to open a child-oriented franchise has a remarkable opportunity to buy this 11-month-old operation. All of your start-up costs and fees associated with starting your own franchise have been absorbed by the seller already! This unique opportunity has come about due to the fact that the owner has recently been offered a once-in-a-lifetime promotion that requires him to move to India. This leaves an incredible chance for a new owner to come in and pick up where they have so effectively maneuvered the business to so far.
This opportunity extends far beyond just buying a single store. The owners own the franchise rights to a significant portion of Dallas and North Dallas that they fully intended to grow into, beginning in their second year of operation. This area extends from the LBJ/I-35E intersection east to the High Five, then heads down 75 into Downtown Dallas across Woodall Rogers and back up I-35E.
The store is beautiful, the franchisor's vision and concept are brilliant and the current owner's business and growth plans are solid. This location is well-established in the community due to a brilliant marketing mix the owners have implemented, beginning with a fantastic grass-roots campaign, along with newspaper, direct mail, POP in associated business and cable TV targeting their immediate area. The lease situation is another excellent point, with four years remaining on the current term and an owner's option for five more years at just a 10%
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Support / Training provided by seller
Owner will provide training as needed at no cost.
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Description of the facilities
Approximately 1,400 sq. ft. that includes a waiting/reception/pay area, six hair cutting stations, a hair washing station and a party room. The lease has four years remaining at $3,000 per month from a five-year term, and a five-year option with only a 10% increase in rent.
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